indonesia

Foreign investors account for half of Indonesia’s M&A deals: Bain & Co

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2017 is also the most impressive in terms of PE performance, accounting for almost $20 billion in new deal value

Indonesia identifies 227 illegal P2P lending startups, mostly from China

These P2P lending platforms are being operated by 155 unlicensed fintech companies, more than half of which are from China.


Clear company vision key to successful growth stage fundraising, says Sociolla’s Indiana

The startup is the first publicly announced portfolio company of EV Growth, a new fund established by East Ventures, Sinar Mas Digital Ventures and Yahoo Japan’s YJ Capital.


Indonesia Crunch | Fakers and fraudsters and the trouble with platforms

Platforms ranging from social media to ride-hailing are being gamed for political and financial gains.


Lower user acquisition costs drive up edtech valuations, says HarukaEdu’s Rustandi

HarukaEdu is an online education startup backed by CyberAgent Ventures, Samatar Education and Pearson Affordable Learning Fund (PALF), the VC arm of global education company Pearson.


Indonesia-listed startups NFC, M Cash invest in local digital marketing firm DMS

The investment sees NFC Indonesia and M Cash Integrasi acquiring 30 per cent and 5 per cent respectively in DMS


Indonesian B2B e-commerce startup Ralali to raise $5-10m Series B in Q3

The company, which connects sellers and buyers looking for deals at wholesale prices, is close to finalising the round.


Indonesia: Lending startup Kredivo raises $30m Series B led by Square Peg

This is the largest funding round raised by an Indonesia-based fintech firm this year.


IFC mulls up to $50m debt financing for Indonesian power project

IFC has proposed to extend a debt financing package of up to $50 million to support the development of a 275 megawatt (MW) combined cycle gas turbine power plant in Riau Province, Sumatera, Indonesia.


Strong VC interest in fintech could spawn Indonesia’s next unicorn, says minister Rudiantara

Indonesia currently has four unicorns in ride-hailing startup Go-Jek, hospitality startup Traveloka and e-commerce companies Tokopedia and Bukalapak.