By Antonia Timmerman
Pendanaan enables qualified borrowers to access affordable and flexible digital credit through mobile devices.
Kresna Graha Investama bought a 17.6 per cent stake in MCI in April.
PP Energi is looking to offer up to 35 per cent of its paid up capital, with the first 20% in IPO
Tour package booking site backed by Gobi Partners, Tripvisto, has ceased operations due to “worsening unit economics”, according to a report by Tech in Asia, revealing that the startup began to have trouble hitting operational targets in May 2017. It attempted several partnerships with media and telcos to promote the… Read more »
While there have been several offers, the Jakarta-based bank, majority-owned by billionaires Budi Hartono and Michael Hartono, is yet to zero in on one.
President Joko Widodo’s government stopped doing business with the largest U.S. bank after it downgraded the Southeast Asian nation’s equities by two notches.
After the transaction, Medco Daya Abadi will hold 14.98% stake in publicly-listed Medco Energi.
KKR is now one of the largest shareholders in Indosari.
The VC firm invests in startups in fintech, SaaS, Big Data analytics, marketplace and e-commerce.
In March, the company had raised $3 million funding in its pre-Series A round.