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Indonesia’s FUNDtastic Raises Series A Funding US$7.7M

JAKARTA (TheInsiderStories) - The local investment platform and financial manager FUNDtastic raised Series A funding with total amount of US$7.7 million from various investor,...

TigerGraph Raises US$105M Funding, Plans Open in Indonesia

JAKARTA (TheInsiderStories) - TigerGraph, an American-based provider of graphical analytics platforms, announced a fundraising of US$105 million in Series C funding. This funding round was led...

Singapore’s Genesis Ventures, Bank CIMB Niaga Eyes Local Startup

JAKARTA (TheInsiderStories) - Singapore' venture loan company, Genesis Alternative Ventures partnering with publicly listed lender, PT Bank CIMB Niaga Tbk (IDX: BNGA), to channel financing to...

Member.id Secures Series A Funding US$1.1M from East Ventures, Traveloka

JAKARTA (TheInsiderStories) - Member.id, a loyalty service provider, marketing and technology firm, announced has secured Series A funding with total amount of US$1.1 million led by...

Indonesia’s Green Butcher Raises Funding US$2M from Global Investors

JAKARTA (TheInsiderStories) - Green Butcher, a consumer startup focused on Indonesian plant-based foods, has received a fresh an initial funding US$2 million led by Singapore-based venture...

Indonesia’s PasarPolis Get Funding US$5M from IFC

JAKARTA (TheInsiderStories) - An insurtech firm, PasarPolis, announced has raised US$5 million in equity finance from International Finance Corporation (IFC), the company announced today. With...

Indonesia’s Buku Warung Raises Funds from Rocketship, Tech Retail Giant

JAKARTA (TheInsiderStories) - BukuWarung, the financial technology (FinTech) firm for micro and small medium enterprises (MSME) has raised funds from Rocketship.vc, an Indonesian retail giant, and...

Ula Indonesia Raises Funding US$20M Led by Quona, B Capital

JAKARTA (TheInsiderStories) - Ula, an Indonesia-based marketplace app for small retailers, has raised Series A funding US$20 million led by Quona Capital and B Capital Group...

Indonesia’s Credibook Raises Series A Funding US$1.5M

JAKARTA (TheInsiderStories) - Indonesian startup, Credibook, get Series A funding US$1.5 million led by Wavemaker Partners with participation from Alpha JWC Ventures and Insignia Ventures...

Indonesia’s Waskita Karya Needs US$1.4B to Build Toll Roads

JAKARTA (TheInsiderStories) - The state-owned firm, PT Waskita Karya Tbk (IDX: WSKT) need funds up to Rp20 trillion (US$1.43 billion) to complete the construction a number...

Indonesia Infrastructure Fund Releases Eurobond US$500M

JAKARTA (TheInsiderStories) - PT Indonesia Infrastructure Finance (IIF) plans to release Euro Medium Term Notes up to US$500 million, Fitch Ratings reported today. The agency gave a...

Grab Financial Group Gets Series A Funding US$300M

JAKARTA (TheInsiderStories) - Grab Financial Group has raised over than US$300 million in Series A funding round led by Japan' Hanwha Asset Management together with K3...

Sampingan Apps Raises US$5M Funding from Global Investors

JAKARTA (TheInsiderStories) - The Sampingan, a platform that empowers the largest independent blue-collar workers in Indonesia, raised US$5 million in Series A funding led by...

Indonesia’s Pintek Recieves Debt Facility US$21M from Accial Capital

JAKARTA (TheInsiderStories) - A financial technology provider for education financing, PT Pinduit Teknologi Indonesia (Pintek), has received US$21 million debt facility from United States' Accial...

AC Ventures, Golden Gate Invests US$20M in Indonesia’s Alami

JAKARTA (TheInsiderStories) -AC Ventures, Golden Gates Ventures, and Quona invested in equity and debt funding over than US$20 million in Alami Technologies, a sharia financial technology...

Indonesia’s Ajaib Gets US$25M Funds from Horizons, Alpha JWC

JAKARTA (TheInsiderStories) - Ajaib Group, an online investment platform and securities firm based in Indonesia, announced has secured Series A funding US$25 million led by Hong...

Alpha JWC Ventures Sees Three Potential Startup in 2021

JAKARTA (TheInsiderStories) - Indonesian venture capital (VC) firm, Alpha JWC Ventures, revealed that there are at least three startup sectors that could be the spotlight by...

East Ventures Double Down Funding for Biotech Firm’s Nusantic

JAKARTA (TheInsiderStories) - Southeast Asian venture capital firm, East Ventures, doubled down funding for Nusantics, a genomics technology company, in less than a year, the company...

Indonesia’s Bibit Get Funding US$30M From Sequoia Capital

JAKARTA (TheInsiderStories) - Bibit, a digital investment app in Indonesia announced has raised US$30 million of funding from Sequoia Capital India and is existing investors like...

Uno’s Affiliated Firm Planning to List the Shares on Nasdaq

JAKARTA (TheInsiderStories) - Provident Acquisition Corp., a special purpose acquisition firm affiliated with PT Saratoga Investama Sedaya Tbk (IDX: SRTG), plans to list shares on...

President Widodo Injects Funding US$532M for Hutama Karya

JAKARTA (TheInsiderStories) - The state-owned construction firm, PT Hutama Karya, received a capital injection worth of Rp7.5 trillion (US$531.91 million) from President Joko Widodo. This is...

Indonesia’s Cakap Raises Series A Funding US$3M from Heritas

JAKARTA (TheInsiderStories) - Cakap, a local online language learning platform, its successful raised US$3 million of Series A funding, the startup announced today. The round was...

Indonesia’s Finantier Get Fundings from Y Combinator, Two Culture Capital

JAKARTA (TheInsiderStories) — Finantier, has received funding from United States accelerator Y Combinator, said the Indonesia' open finance startup today, without mentioned the funding number. The...

BRI Ventures Injecting Haus! Indonesia US$2.14M

JAKARTA (TheInsiderStories) - Venture capital company, BRI Ventures, has injected investment capital worth Rp30 billion (US$2.14 million) to a local beverage company, Haus! Indonesia, said...

East Ventures Gives Seed Funding to Desty and Finantier

JAKARTA (TheInsiderStories) - Finantier, Indonesia-based open finance startup, announced a pre-seed funding round led by East Ventures with participation from AC Ventures, Genesia Ventures, and other...

Indonesia’s LinkAja to Closes Series C Funding US$60M

JAKARTA (TheInsiderStories) - PT Fintek Karya Nusantara (Finarya), the manager of LinkAja, to raises Series C funding with an estimated amount of US$60 million, said the...

MDI Ventures, Finch Capital Launched Arise Fund in Indonesia

JAKARTA (TheInsiderStories) - MDI Ventures together with a thematic investor from Netherland, Finch Capital, launched Arise Fund, an investment fund with a focus on early stage...

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 Alodokter Raises Series C Funding from MDI Ventures

JAKARTA (TheInsiderStories) - Indonesia' healthcare provider, Alodokter, announced has raised Series C funding from MDI Ventures, a venture capital owned by PT Telekom Indonesia...

Indonesia’s Logisly Raises Funding US$6M from Monk Hill

JAKARTA (TheInsiderStories) - Logistic startup, Logisly, announced that it has raised US$6 million in Series A funding led by Monk Hill Ventures, said the company on...
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