Ideosource Entertainment invests in Cinepoint
Early-stage growth VC firm Ideosource Entertainment has made an undisclosed follow-on investment in rating app firm Cinepoint, the company said in a statement.
Cinepoint’s system allows users and movie-goers to rate films – local and international – by way of an exit poll. It also provides infographic and historical data.
Recently, the VC firm also participated in the funding round of GoPlay, a video and streaming platform of ride-hailing firm Gojek.
Digital school management startup InfraDigital closes Series A
Indonesia-based school payments company InfraDigital has raised an undisclosed amount of Series A funding from existing investor AppWorks.
The company says it will be using the proceeds to help clients meet added demand during COVID19 closures. Moving forward, InfraDigital hopes to expand its footprint to other regions of Indonesia and eventually become a full-stack digital solution for educational institutions.
Founded in early 2018, the InfraDigital platform is used by school administration teams to record and manage cashless school fee collection.
Having raised its seed funding round last year, the company is now active in 13 provinces in Indonesia, from North Sumatera to South Sulawesi, with its platform being deployed in 350 schools serving over 165,000 students.