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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.
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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.
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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.
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Indonesian omnichannel sales platform iSeller raises Series A for business expansion
The Series A funding was jointly led by Openspace Ventures and Mandiri Ventures.
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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…
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Eat Just partners with Proterra to launch new Asia subsidiary and plant-based food factory in Singapore
Proterra Investment Partners will make up to US$100 million investment in the new facility, while Eat Just will invest US$20 million.