Indonesia: East Ventures backs wellness tech startup The Fit Company


The company will use the funding to build a tech-enabled ecosystem of wellness products and services.

Decoding Bukalapak’s $1.2b valuation math and performance metrics

DEALSTREETASIA takes a look at its estimated valuation and financial performance metrics to see how it compares with peers such as Sea Ltd’s Shopee and others.

2018 fundraising was opportunistic, yet to spend 2017 funds, says Tokopedia exec

It raised $1.1b in 2017 and another $1.1b from Alibaba and SoftBank Vision Fund last year.

Indonesia needs disciplined, patient investment approach to score good exits

Being the largest economy in Southeast Asia, Indonesia is poised for more exciting investment opportunities.

Fenox said to have raised $25m vehicle targeted at US, Indonesia startups

The vehicle will predominantly focus on early-stage deals in the US and Indonesia.  

Go-Jek’s venture arm said to be raising capital from external LPs

Go-Ventures is targeting to raise a total of $180m for the vehicle, which is yet to be closed.

Indonesia eyes Shariah-compliant investment options for $8b Hajj Fund

As Indonesia offers limited Shariah investment opportunities, the agency is exploring opportunities overseas.

Go-Jek makes first close of ongoing $2b funding round: Report

The Indonesian unicorn is expected to announce the round next week.

Capital is crucial but not the only factor that has brought us this far, says Go-Jek co-founder Aluwi

Go-Jek for the most part of its history was the undercapitalised player, he said.

Legaltech startup Justika bags pre-Series A funding from Indonesian law firm AHP

Established in 2001, AHP is currently one of the biggest law firms in Indonesia and has more than 140 fee earners in its team.