Indonesia Digest: Likuid launches crowdfunding platform, DANA ties up with HappyFresh

Vincent Iswara, CEO of DANA

Jakarta-based crowdfunding platform Likuid Dana Bersama (Likuid) has launched a platform focused on creative and lifestyle industry, wherein it connects fundraisers and investors. Meanwhile, Emtek-backed digital wallet DANA has partnered with Southeast Asian online grocery app HappyFresh to allow customers to pay for their groceries through the latter’s app.

Likuid launches another crowdfunding platform

Jakarta-based crowdfunding firm Likuid Dana Bersama (Likuid) has launched a platform focused on creative and lifestyle industry, wherein it will connect fundraisers and investors.

The move is to facilitate access to capital for the said industry.

“Creative industry and lifestyle products are very close to the community, such as entertainment, culinary, fashion, beauty, and health. Product innovation and the industry players in these sectors also continue to grow,” its CEO and founder Kenneth Tali said in a statement.

“We believe in order to develop the industry, it requires broad community participation, both as consumers and as investors. This is where Likuid has a role (to play) in opening up access to capital for businesses,” Tali said.

Through the platform, Likuid allows investors to invest collectively with a minimum funding of Rp 100,000.

Established in 2018, Likuid offers project financing, which is an investment initiative for both investors and fundraisers based on profit-sharing.

DANA ties up with HappyFresh

Emtek-backed digital wallet DANA has partnered with Southeast Asian online grocery app HappyFresh to allow customers to pay for their groceries through the latter’s app, the company announced last week.

Going forward, users can access HappyFresh application or website, select a supermarket and the products that they want to buy, and then pay for them using the DANA app.

“DANA’s first foray into online groceries further proves the company’s innovation to being a digital transaction platform that is accessible for all as an effort to realize a cashless culture that is more inclusive,” DANA CIO Darrick Rochili said in a statement.

HappyFresh has collaborated with more than 150 supermarkets and specialty stores located in Greater Jakarta area.

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.