By Ardi Wirdana
Go-Jek backed its Series A too.
WeWork plans to expand to four more countries in Southeast Asia this year, beginning with opening two co-working spaces in Indonesia in Q3.
With this new injection of funding, TaniGroup says it plans to increase its capacity, broaden its domestic and international markets and expand its farmers’ network.
PT Sarimelati Kencana, the operator of Pizza Hut Indonesia, is looking to raise up to $58.7 million through an IPO.
Go-Jek is already looking to fill the void left by Uber in a number of Southeast Asian markets, with Singapore reportedly one of its four main targets – the other three being Philippines, Thailand, and Vietnam.
Earlier stage startups are finding it hard to grow in Indonesia as 60-70% of investments are going to mature companies.
Go-Jek executives have requested for a meeting with the regulator next week, Aileen Lizada, a board member at the transport regulator, said.
E-commerce site ORORI is backed by 500 Startups while HR management platform Gadjian counts Golden Gate Ventures among its investors.
Cetaku allows students to upload their lecture notes and then receive printed copies for free.
Softbank was part of a group that invested $100 million in Internet shopping hub Tokopedia in 2014.