Indonesia: Selamat Sempurna readies $22m for SEA expansion & acquisitions


The company plans to acquire distributor firms in neighbouring countries such as Singapore, Thailand and Vietnam.

Indonesia: K2 VC leads $12m Series A in UangTeman; STI & Draper join round

This marks K2 Venture Capital and Draper Associates’ first foray into Indonesia

Indonesia: Gudang Garam sells subsidiaries to Japan Tobacco Inc for $677m

JT Group will also take over the companies’ debt of $323 million

Indonesia: Emtek pours $25.8m into VCs in H1, reveals minority investment in Grab

Emtek also invested in Ice House Holdings Pte Ltd in the first half.

Indonesia: Barito Pacific readying $700m to acquire majority stake in Star Energy

Star Energy is now one of the premium-valued energy companies in the region.

Indonesia seeks Chevron, Conoco proposals amid energy investment drive

Indonesia, a former OPEC member, is seeking to reverse a decline in energy investments.

Indonesia’s Indorama in talks to buy Tata Chemicals’ fertilizer unit

Negotiations are currently in the final stages and an announcement is expected in the coming weeks.

CIC-backed Indonesian miner Bumi completes $2.6b rights issue, saved from collapse

The move will now save the company from a total collapse.

Exclusive: Meituan-Dianping eyes Indonesia’s e-commerce market

It’d join Alibaba and with its foray into the archipelago’s e-commerce market.

Funding activity slowed & investable startups decreased in H1, Indonesia’s top VCs say

VC funding activity in the Indonesian startup market slowed in the first half of 2017, many local VCs observed, noting a ‘significant’ decrement in the number of investable startups, during a panel discussion that was hosted by East Ventures, an early-stage investment firm, that was part of the recently announced $500 million… Read more »