By Ardi Wirdana
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.
Rokan has been a focus area for Chevron, which asked Indonesia earlier this year to extend its operating contract beyond 2021.
Koinworks, which started operating in the P2P lending space in 2016, raised an angel funding round in 2017.
The OJK approved MUFG’s planned purchase of Asia Financial’s stake of 20.1 per cent in Danamon.
Mandiri Capital Indonesia, Persada Capital, Endeavor Catalyst, 9F Fintech Holdings Group and previous backer Kejora Ventures also joined the round.
2017 is also the most impressive in terms of PE performance, accounting for almost $20 billion in new deal value
These P2P lending platforms are being operated by 155 unlicensed fintech companies, more than half of which are from China.
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.
Platforms ranging from social media to ride-hailing are being gamed for political and financial gains.
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.