Indonesia’s Kejora to close second fund next month, says managing partner

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Kejora Star Capital II, which hit its first close at a reported $21 million last year, has already backed around 8-9 companies so far.

Indonesia’s Pertamina to take over Chevron’s Rokan block in 2021

Rokan has been a focus area for Chevron, which asked Indonesia earlier this year to extend its operating contract beyond 2021.


Indonesian P2P lending startup Koinworks in talks to raise up to $5m

Koinworks, which started operating in the P2P lending space in 2016, raised an angel funding round in 2017.


Indonesia’s regulator approves MUFG request to raise stake in Bank Danamon

The OJK approved MUFG’s planned purchase of Asia Financial’s stake of 20.1 per cent in Danamon.


Indonesian P2P lender Investree raises Series B round led by SBI Holdings

Mandiri Capital Indonesia, Persada Capital, Endeavor Catalyst, 9F Fintech Holdings Group and previous backer Kejora Ventures also joined the round.


Foreign investors account for half of Indonesia’s M&A deals: Bain & Co

2017 is also the most impressive in terms of PE performance, accounting for almost $20 billion in new deal value


Indonesia identifies 227 illegal P2P lending startups, mostly from China

These P2P lending platforms are being operated by 155 unlicensed fintech companies, more than half of which are from China.


Clear company vision key to successful growth stage fundraising, says Sociolla’s Indiana

The startup is the first publicly announced portfolio company of EV Growth, a new fund established by East Ventures, Sinar Mas Digital Ventures and Yahoo Japan’s YJ Capital.


Indonesia Crunch | Fakers and fraudsters and the trouble with platforms

Platforms ranging from social media to ride-hailing are being gamed for political and financial gains.


Lower user acquisition costs drive up edtech valuations, says HarukaEdu’s Rustandi

HarukaEdu is an online education startup backed by CyberAgent Ventures, Samatar Education and Pearson Affordable Learning Fund (PALF), the VC arm of global education company Pearson.