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Indonesia’s Advotics Secured US$2.7M Funds from East Ventures

JAKARTA (TheInsiderStories) – Advotics, an Indonesian cloud-based offline-to-online analytics startup, has announced the closing of US$2.7 million seed investment led by East Ventures. The...

Indonesia’s Mobilkamu Secures Series A Investment from East Ventures, Others

JAKARTA (TheInsiderStories) - Mobilkamu, Indonesia’ online platform for new car buying, has secured an undisclosed amount of Series A investment led by East Ventures,...

Indonesia’s Fit Company Raised Seed Funding from East Ventures

JAKARTA (TheInsiderStories) — The Fit Company, a holding company that focuses on active and healthy lifestyle products in Indonesia, announced that it had secured...

Singapore’s Helicap Raises US$5M Led by East Ventures, Soilbuild Group

JAKARTA (TheInsiderStories) - Helicopter Capital (Helicap), a financial technology investments platform in South-east Asia & Oceania announced today that it raised US$5 million during its...

Go-Jek, East Ventures Invests in Indonesia’s Media Company

JAKARTA (TheInsiderStories) - Two Indonesian private equity firms invested in local online media as part of its expansion into online content, it said. Go-Ventures, unit...

East Ventures, Vertex Ventures Injects Funds US$5M for Indonesia’s Cicil

JAKARTA (TheInsiderStories) ​— Cicil​, the leading instalment financing platform for Indonesian university students, announced earlier today that it has secured a Series A funding...

Indonesia’s Moladin Raises Fund US$1.2M from East Ventures, Berjaya Group, Ethos Partner

JAKARTA (TheInsiderStories) - Moladin, the first online platform to buy motorcycle in Indonesia, has raised a US$1,2 million funding from East Ventures, Berjaya Group and...

Indonesia’s Montir Raises Series A Funding From East Ventures

JAKARTA (TheInsiderStories) - Montir​, an on-demand automotive service and spare part company that aims to bring car workshop to customer’s location, announced today that it...

Sinar Mas, East Ventures, Japan’s YJ Capital Set up EV Growth

JAKARTA (TheInsiderStories) - East Ventures (EV) is collaborating with Tokyo's based YJ Capital Inc. and SMDV --venture capital (VC) firm under Sinar Mas Group --,...
Singapore's Grab Get New Funding From Softbank $1.46B

Grab Ventures Ready to Invests US$250M in Indonesian Startup

JAKARTA (TheInsiderStories) - The Singapore-based ride hailing firm Grab Holdings Inc. announced would invest US$250 million in Indonesian startup through its Grab Ventures arm, said...

Telkom Indonesia’s MDI Ventures Leads $4M Investment in Singapore’s Anchanto

JAKARTA (TheInsiderStories)--Anchanto, a Singapore headquartered pan-Asia SaaS technology company has raised US$4 million in the first round of its ongoing Series C investment, led...

PHI-Integration Secures Seed Funding from East Venture, Skystar Capital

JAKARTA (TheInsiderStories) – ​PHI-Integration, a software company that provides data analytics and management services, announced on May 30 that it has secured an undisclosed...

Indonesia’s Fore Coffee Raised US$8.5M Funding from Investors

JAKARTA (TheInsiderStories) – An Indonesian on-demand specialty coffee startup Fore Coffee raised US$8.5 million funding from investors, said the company today (01/31). The fresh fund...

Indonesia’s Warung Pintar Raises US$27.5M in Series B Funding

JAKARTA (TheInsiderStories) – Indonesia micro retail technology company Warung Pintar just announced that it had secured US$27.5 million in series B funding for various investors. The...

Indonesia’s Logistic-Tech Waresix Raises US$1.6M Pre-series A Funding

JAKARTA (TheInsiderStories) - Waresix, an Indonesian logistics-tech, secured US$1.6 million in Pre-series A round of funding led by East Ventures and Monk’s Hill Ventures. Also participating...

Indonesia’s Warung Pintar Raises $4M Funding Round

JAKARTA (TheInsiderStories)--Retail technology startup company Warung Pintar raised US$4 million funding round from Vertex Ventures, Pavilion Capital, and LINE Ventures, the company announced in...

Indonesia’s EV Hive Raises US$20M Series A Investment Led by Korea’s Softbank, H&CK, Tigris...

JAKARTA (TheInsiderStories) -- Indonesia's co-working and community operator EV Hive announced has secured a US$20 million Series A investment led by Softbank Ventures Korea, H&CK Partners and...

Indonesia’s Sociolla Bags US$12M Funding from EV Growth

JAKARTA (TheInsiderStories) - Indonesian beauty e-commerce and social platform Sociolla, has announced that it is closing a major funding of US$12 million, led by EV Growth....

Sharing Economy: Educational Startups, Making Learning More Fun

JAKARTA (TheInsiderStories) - Minister for Communication and Information Technology Rudiantara projected that the country’s new unicorn, a US$1 billion valued startup company, will emerge...

Daily Business Briefing – Sept. 21

JAKARTA (TheInsiderStories) – Good morning. We offer you several relevant news that might help your business decisions today : Mitsui Enters Indonesian Dairy Market Mitsu & Co is...

Traveloka Raises New Funding US$500 Million from Expedia, Others

JAKARTA (TheInsiderStories) - Indonesian travel apps, Traveloka announced that the company has raised approximately US$500 million through investments from global online travel leader Expedia, Inc....
Indonesia Assesses the Policy of Financial Liquidity Loan Collaboration

Finance Minister Send Challenging 2020’s State Budget to House

JAKARTA (TheInsiderStories) — Indonesia Finance Minister Sri Mulyani Indrawati officially submitted state revenue and expenditure budget draft for 2020 to House of Representatives, on...

Indonesia Wins Two-Working Areas Auction US$116.7M

JAKARTA (TheInsiderStories) – Indonesian Ministry of Energy and Mineral Resources (MEMR) announces Kufpec Ventures (Indonesia) Ltd. and Sonoro Energy Ltd-PT Menara Global Energi consortium as...
Indonesia Targets Honda Motor’s Exports worth US$1.8 B in 2021

Honda Motor Targets Exports US$1.8B from Indonesia in 2021

JAKARTA (TheInsiderStories) – One of the car maker in Indonesia, PT Honda Prospect Motor (HPM) eyes export with worth of US$1.8 billion in 2021, said...
Indonesia's Lippo Karawaci Secures Funding US$1.01B

Indonesia’s Lippo Karawaci Secures Funding US$1.01B

JAKARTA (TheInsiderStories) – Indonesia' property developer, PT Lippo Karawaci Tbk (IDX: LPKR) has secured funding around US$1.01 billion to support the businesses and pay...

Morning Briefing: Twelve Peoples Killed in Papua’s Guns Battle

JAKARTA (TheInsiderStories) – Good morning! Twelve peoples were killed in a gun battle with armed separatist rebels in Nduga Distrik in West Papua, where over...

Indonesia’s Halodoc Raises US$65M Funding Led by UOB Venture

JAKARTA (TheInsiderStories)- Halodoc, Indonesia’ leading healthcare platform, raised US$65 million in Series B funding from UOB Venture Management Private Ltd., existing and new investors, the...

Morning Briefing: EU-US will Talks on Tariff War This Week

JAKARTA (TheInsiderStories) – Good morning! The European Union (EU) will meet United States (US) official this week to get more information the trade deal...
Indonesia's BeliMobilGue Raised Series-A Funding of US$ 10 Million

Indonesia’s BeliMobilGue Raised Series-A Funding of US$10M

JAKARTA (TheInsiderStories) – The Indonesian online car sales service site, BeliMobilGue.co.id, raised funding of US$10 million led by Frontier Car Group as the holding...

Indonesia’s Pertamina Prepares Investment US$2.73B in 2019

JAKARTA (TheInsiderStories) – Indonesia' energy producer PT Pertamina budgeted investment funds of US$2.73 billion in 2019 to develop several projects across the archipelago, said one official...