Indonesia Digest: Kiddo.id snags funding; Insignia invests in Credibook

Students learning on their computers in a classroom. Photo: Pixabay

Kiddo.id, an ed-tech platform for children, has secured undisclosed funding from OCBC NISP Ventura, while the Indonesian digital debt management platform Credibook has snagged seed funding led by Insignia Venture Partners and Payfazz.

Edutech firm Kiddo.id snags funding from OCBC NISP Ventura

Kiddo.id, an edtech platform for children, has secured undisclosed funding from OCBC NISP Ventura, the VC arm of Indonesian lender OCBC NISP, the company announced on Thursday.

Kiddo.id, which caters to the learning needs of kids below 12, offers workshops, courses and other activities in partnership with content providers across Indonesia.

Kiddo.id was selected by the Ministry of Research and Technology/BRIN to receive grant and business training in the city of Armenia and London.

Credibook secures funding led by Insignia, Payfazz

Indonesia-based digital debt management platform Credibook has snagged seed funding led by Insignia Venture Partners and Payfazz, TechinAsia reported.

The proceeds will be used for user acquisition and product development.

The firm, launched in February this year, targets SMEs in Indonesia. The platform allows merchants to record their debt and reminds them to pay before the due date.

Credibook, which boasts of 200,000 users, has recently launched payment features to enable merchants to repay their debt through the platform.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.