Indonesian ad-tech startup Adskom in talks to raise over $5m, to sell significant stake


In 2015, Adskom secured its Series A funding led by Japan’s Geniee, and joined by Convergence and previous investor East Ventures.

Indonesian modem rental startup Passpod bags $32m in oversubscribed IPO

The company becomes the 46th issuer in 2018, as well as the first startup built by the IDX Incubator to take part in the stock exchange.

Exclusive: Alpha JWC, Insignia invest in Indonesian media startup Nusantara

Nusantara claims to be the first Indonesian startup in SaaS and online media industry to be accepted to Y Combinator.

Go-Jek set for Singapore entry, launches portal for drivers to pre-register

Singapore has been widely touted as the next expansion destination for Go-Jek following its launch in Vietnam last month.

Indonesia Digest: WeChat, Alipay making inroads; Bukalapak launches new feature

Chinese mobile payment apps WeChat and Alipay are reportedly slated to enter the Indonesian market through a partnership with state-owned lender Bank Negara Indonesia.

Indonesia’s small LP universe bound to grow as VC ecosystem matures

Top executives of Mahanusa Capital and Gunung Sewu talk about the opportunities of investing in the VC space.

Indonesian startup Muslimapp in talks to raise $1m pre-Series A funding round

The funding, expected to be closed by the year-end, will be raised in exchange for 20 per cent stake in the company.

Warburg Pincus leads $25m Series B in Indonesia’s OnlinePajak

The latest funding round was participated by Global Innovation Fund, Endeavor Catalyst, and existing investors Alpha JWC Ventures, Sequoia India, and Primedge.

Go-Jek said to have invested in Indonesian films to expand into online content

The films and videos funded by and produced through Go-Studio will be featured on Go-Play.

INDONESIA CRUNCH | Nadiem for President

Joko Widodo’s image as a self-made entrepreneur was a big part of his appeal when he began to become known as a politician. It wouldn’t be surprising if some of the current league of internet entrepreneurs are groomed for political offices.