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Indonesia’s Ayoconnect Raises Funding US$5M from Investors

JAKARTA (TheInsiderStories) - Indonesian bill payment provider, Ayoconnect has raised pre-Series B funding US$5 million from BRI Ventures, the venture capital arm of PT Bank Rakyat...

15 Companies Ready to List Shares on Indonesian Bourse

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) reported there are 15 companies ready to list their shares in the second semester of 2020. The potential...

Australia’s Amatil X, Other Investors Invests in Wahyoo

JAKARTA (TheInsiderStories) - Amatil X, an Australia' Coca-Cola Amatil venture capital arm, has made its second investment in Indonesia afterfreight logistics marketplace, Kargo Technologies. The company has...

Traveloka Raih Pendanaan AS$250 Juta dari Qatar Investment Authority

JAKARTA (TheInsiderStories) - Layanan pemesanan perjalanan, Traveloka, dikabarkan telah menerima dana investasi senilai AS$250 juta atau setara Rp3,62 triliun dari Qatar Investment Authority (QIA),...

Indonesia’s Fabelio Raises Funding US$9M led by Appworks

JAKARTA (TheInsiderStories) - Online furniture retailer, Fabelio, has raised Series C funding worth of US$9 million, said the company on Wednesday (05/17). With the new investment,...

Facebook, Paypal Invests in GoJek to Boost Digital Economy in SEA

JAKARTA (TheInsiderStories) - Two American giants, Facebook Inc., (NasdaQ: FB) and Paypal Holdings Inc., have joined other global tech players like Google, Tencent and other investors...

Indonesia’s Bonza, Delman Raises Seed Funding

JAKARTA (TheInsiderStories) - Two Indonesian startups raised seed funding from their investors, the companies announced today (05/27). Delman, a data management startup has raised $1.6 million...

Indonesia’s Kopi Kenangan Raises Series B Funding US$109M

JAKARTA (TheInsiderStories) - Culinary startup company, Kopi Kenangan raised Series B funding with worth US$109 million led by India' venture capital, Sequoia Capital. Other existing investor, Alpha JWC Ventures...

Indonesia’s KoinWorks Raises Debt and Equity Funding US$20M

JAKARTA (TheInsiderStories) - KoinWorks raised debt and equity funding worth of US$20 million from investors such as Quona Capital, EV Growth, Saison Capital, One of the...

Insight: Banks Compete with Government to Raises Funding

JAKARTA (TheInsiderStories) - The problem of liquidity is still considered to be a banking challenge this year. This is because banks must compete not only...