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BRI Ventures Closes Tech Fund US$21M from Malaysia’s Grab, Others

JAKARTA (TheInsiderStories) - BRI Ventures, the venture capital armed of state lender, PT Bank Rakyat Indonesia, is reported had completed the first technology fund of Rp300...

Indonesia’s BRI Ventures Launched Venture Fund Sembrani Nusantara

JAKARTA (TheInsiderStories) - PT BRI Ventura Investama (BRI Ventures) launched an new venture fund company, PT Sembrani Nusantara, said the CEO in a virtual conference on...

BRI Ventures, Visa Invests in Singapore’s FinTech Nium

JAKARTA (TheInsiderStories) -  Indonesia' venture capital, BRI Ventures and Visa have invested an undisclosed amount to Nium, a financial technology (FinTech) based in Singapore. Formerly the...

Investree Bags US$23.5M from Japan’s Mitsubishi, BRI Ventures

JAKARTA (TheInsiderStories) - P2P lender, Investree, has raised the first tranche of its new series C funding round worth of US$23.5 million to fuel its business...

Bank Rakyat Indonesia Wants to Invests in Traveloka

JAKARTA (TheInsiderStories) - State-owned lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) aims to invest in one of unicorns, Traveloka, said the CEO on...

BRI Ventures Prepares US$250M to Develop FinTech Businisses

JAKARTA (TheInsiderStories) - State-own lender PT BanK Rakyat Indonesia Tbk (IDX: BBRI) investment company arms, PT BRI Ventures Investama prepared US$250 million funds to develop financial...

Bank Rakyat Indonesia Acquires BRI Ventures from Bahana

JAKARTA (TheInsiderStories) - The largest small and medium enterprises lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) become the majority shareholder of PT BRI...