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BRI Ventures secure US$10.6 million first close on new Indonesian Tech fund
The Indonesian Tech fund is called Sembrani Nusantara Fund and it aims to build a pipeline for Indonesian startups to grow and find good exits.
Gaming and eCommerce unicorn Sea’s revenue doubles in Q3 2020
Sea rides the eCommerce and gaming boom amidst pandemic and sees revenue doubling in the third quarter of 2020.
Google-Temasek Report: Southeast Asia Digital Payments Reach US$620 Billion during COVID-19 Pandemic
The study conducted by Google, Temasek, and Bain & Co paint a positive future for Southeast Asia’s internet economy and eCommerce services.
Indonesian omnichannel sales platform iSeller raises Series A for business expansion
The Series A funding was jointly led by Openspace Ventures and Mandiri Ventures.
Google, Temasek makes US$350 million investment in Tokopedia
Tokopedia, an Indonesia-based eCommerce marketplace is likely to receive a US$350 million investment from Google and Temasek Holdings, according to a Bloomberg report. The deal is yet to be formally concluded but it has been revealed that the Alphabet Inc. unit and Singapore’s state investment would be signing the funding agreement soon. This major cash […]