By Aastha Maheshwari
The Emtek tie-up is Ant’s fifth international payments deal since November.
Redbadge Pacific and SBI Investment Korea invested in the firm.
Panorama Sentrawisata (Panorama Group) announced today that the agreement to divest 30.1 per cent shares of its unit Panorama Tours Indonesia to Japan’s JTB Corporation has officially been met. Meanwhile, Malaysia’s Federal Land Development Authority (Felda) has reportedly begun the process of transferring shares of Eagle High Plantation to FIC Properties…. Read more »
Five-Jack, the makers of online gaming marketplace Itemku, has raised $1.2 million in funding from seed stage venture capital firm 500 Startups, with participation by several unnamed South Korean venture capital firms. With the funding, Itemku will expand its operations to Southeast Asia within the second half of this year…. Read more »
OJK to focus on FinTech in a big way, expect 250 FinTech companies by end of 2017, 2 local Venture Capital companies form VC fund in Indonesia, hope recent VC regulations will help boost sector
‘Go-Food has more daily transactions than all food startups in India combined’
Salim group recently established their B2B e-commerce venture called, IDmarco.com.
Two Indonesia-based startups with social missions have raised some undisclosed amount of seed funding. Aruna, an integrated fishery platform, has raised a seed funding from hardware and machinery distributor UMG Indonesia while GandengTangan, a crowdlending site for micro-entrepreneurs, secured an investment from Mariko Asmara, a member of Angel Investment Network… Read more »
Gemilang Dana Sentosa, who is also a backer of e-payment provider DOKU, has invested an undisclosed amount in mutual funds marketplace and news portal Bareksa. Gemilang now owns 20 per cent of the platform via a rights issue transaction. Bareksa will use the fresh capital to expand its business, in… Read more »
The round was also joined by Prasetia and angel investors.