By Ardi Wirdana
Established in 2001, AHP is currently one of the biggest law firms in Indonesia and has more than 140 fee earners in its team.
The fund is expected to reach its final close by the second quarter of 2019.
Tadotv’s existing investors include Merah Putih, Stellar Kapital, Prasetia Dwidharma, Benson Capital and Everhaus.
As the trade war between US and China intensifies, Southeast Asia may be able to emerge as a winner from it.
For payment startup OVO, the funding marks its first publicly known investment in a fellow tech startup.
With this round, Jojonomic expands its shareholder base which now covers Europe, the US, Japan, Indonesia and Southeast Asia.
East Ventures partnered with local coffee chain Otten to launch Fore Coffee, a tech-driven, on-demand concept store in 2018.
The move by Go-Jek further strengthens its grip on fintech and cashless payments.
The unicorns must be groaning in pain after the latest tax change. With a vigilant taxman knocking on their doors, small merchants may abandon the specialist e-commerce marketplaces.
Grab’s acquisition of Kudo will be a positive reference for startups and investors as far as consolidation is concerned, Nugroho said.