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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...

COVA Acquisition Negotiates with Unicorns in Indonesia

JAKARTA (TheInsiderStories) - Special purpose acquisition company (SPAC), COVA Acquisition Corp., (NASDAQ: COVAU) is negotiating with a various startup in Indonesia that has a valuation...

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 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...

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...

IDX Amends IPO Rule to Help Startup Enter the Stock Market

JAKARTA (TheInsiderStories) - The Indonesia Stock Exchange (IDX) plans to amend the initial public offering (IPO) regulation to help startup enter the stock market, said the...

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 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...

Indonesia’s Waresix Acquires a Logistic Startup Trukita

JAKARTA (TheInsiderStories) - Waresix, an Indonesian young and fast growing logistics technology platform, has acquired Trukita, a logistics technology start-up that offers freight and trucking services...

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...

Kredivo Closes US$100M Warehouse Financing Facility with US’s Victory Park Capital

JAKARTA (TheInsiderStories) - Kredivo, a digital credit platform for retail borrowers across Indonesia and Victory Park Capital Advisors, LLC, a private credit specialist from United States,...

President Widodo’s Son “Mangkokku” Get Funding US$2M from Alpha JWC

JAKARTA (TheInsiderStories) - Alpha JWC Ventures has invested US$2 million in a culinary startup, Mangkokku, founded by President Joko Widodo' sons, Gibran Rakabuming and Kaesang Pangarep. Previously,...

Indonesia’s MDI Ventures Ready to Bring Startups Go IPO

JAKARTA (TheInsiderStories) - Local venture capital company, MDI Ventures is preparing four startups in its portfolio to list their shares (IPO) in Indonesia Stock Exchange or dual...

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...

Funding to Indonesian Startups Reaches US$1.9B in Third Quarter

JAKARTA (TheInsiderStories) - The Indonesian Venture and Startup Capital Association (Amvesindo) reported that total funding to Indonesian startups reached US$1.9 billion until the third quarter...

Buku Warung Gets More Funding from Global Investors

JAKARTA (TheInsiderStories) - An accounting and credit management app for Indonesian micro-businesses, Buku Warung, has raised an undisclosed amount of funding from global investors...

Indonesia’s Waresix Closes US$100M Fundraising

JAKARTA (TheInsiderStories) - Indonesian logistic startup, Waresix, closes a US$100 Series B fundraising from existing investors EV Growth and Jungle Ventures, said the company today. There are...

Prequin: APAC-Focused PEVC Reaches US$1.3T in AUM

JAKARTA (TheInsiderStories) - Asia Pacific (APAC) focused private equity and venture capital' (PEVC) assets under management (AUM) have surged in recent years, hitting a record-high...

Indonesia’s SIRCLO Raises Funding US$6M from Investors

JAKARTA (TheInsiderStories) - Indonesian e-commerce enabler, SIRCLO has closed the Series-B funding of US$6 million, the company said on Monday (08/31). Investors are participating in this...

Indonesia’s BukuKas Receives Pre-Series A Funding US$9M

JAKARTA (TheInsiderStories) - A startup company in the field of digital financial applications for micro, small, medium, enterprise (MSMEs), BukuKas, has secured pre-series A...
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