Indonesia
Xiaomi joins $54m Series B for Indonesia's PasarPolis
Chinese electronics maker Xiaomi has joined a $54 million Series B round for Indonesian financial technology provider PasarPolis.
Fund focus: MDI leads the way in Indonesia
MDI Ventures has seen a significant step-up in fund size because the success of Indonesia’s start-up ecosystem in recent years means investors need more firepower
Indonesia's MDI Ventures raises $500m fund
MDI Ventures, the corporate venture capital arm of state-controlled Telkom Indonesia, has closed its latest fund at $500 million.
Sequoia backs Indonesia MSME app
Sequoia Capital India has joined a $9 million pre-Series A round for Indonesia’s BukuKas, a bookkeeping app for micro, small, and medium-sized enterprises (MSMEs).
Singapore's Anchanto raises $12m funding round
Anchanto, a Singapore-headquartered technology provider that helps with e-commerce enablement, raised S$16.6 million ($12 million) in a Series C round.
Duo of Indonesia fishery start-ups attracts funding
Northstar Group and Go-Ventures have led a Series B round of undisclosed size for Indonesia’s eFishery, while East Ventures has backed a $5.5 million Series A for fishing industry app Aruna.
Start-up profiles: Sustainability agendas
Early-stage innovators across the region are leveraging both enterprise and consumer-facing models to address sustainability challenges with one eye on rapid commercialization
BRI invests Indonesia fintech player Ayoconnect
BRI Ventures, the newly launched VC unit of Bank Rakyat Indonesia, has joined a $5 million pre-Series B round for local financial technology provider Ayoconnect.
Intudo leads Series A for Indonesia restaurant app
Wahyoo, a digital solutions provider for Indonesian eateries, has raised $5 million in a Series A round led by Intudo Ventures.
Singapore GPs lead round for Israeli drone scouting start-up
Taranis, an Israel drone-based crop monitoring solution provider for farms, has raised $30 million in a Series C round eyeing expansion opportunities in Asian markets.
Singapore’s Her Capital targets $10m for debut fund
Singapore-headquartered venture capital firm Her Capital is seeking to raise a debut $10 million fund to invest in Southeast Asia with a gender lens-focused thesis.
Southeast Asia macro: Encouraging minefield
Southeast Asia benefits from an enviable macro outlook versus other markets, and investment in the region is set to recover relatively quickly. But is that enough?
Corporate VC in Asia: Moment of truth
Cutting non-core operations is the standard corporate response to an economic downturn. Companies in Asia must decide whether the long-term benefits of exposure to new technologies outweighs short-term pain
Indonesia's Social Bella raises $58m Series E
Social Bella, an Indonesian online services provider for the beauty and personal care industry, has raised $58 million in Series E funding.
Sequoia raises $1.35b for India, Southeast Asia
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Singapore's Indies raises $100m for third PE, credit fund
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
Clime seeks $50m for Southeast Asia clean energy fund
Clime Capital, a newly established cleantech investor based in Singapore, has launched a clean energy fund for Southeast Asia targeting $50 million.
East Ventures reaches $57m first close on eighth fund
Indonesia’s East Ventures has reached a first close of $57 million on its eighth fund. The target is $88 million.
Indonesia's BRI Ventures launches fund
BRI Ventures, a unit of Bank Rakyat Indonesia, has launched a locally incorporated fund that will invest local start-ups.
Profile: Kejora Ventures' Sebastian Togelang
Looking for new business opportunities, Sebastian Togelang returned to Indonesia from Germany to invest in technology start-ups. He counsels entrepreneurs that it pays to be part of a larger platform
Asia lending start-ups: Bump in the road
Digital lenders in emerging markets need to survive a tricky year under the shadow of potential defaults, but the survivors might become significant players in a renewed financial landscape
Deal focus: Indonesia’s GoPlay changes the channel
Golden Gate Ventures is backing GoPlay, a media streaming spin-out from Indonesia's GoJek, to tap an underserved Southeast Asian audience with local recreations of popular international TV shows
Golden Gate leads funding round for Gojek streaming service
GoPlay, the streaming service of Indonesian ride-hailing and online-to-offline (O2O) services platform Gojek, has raised funding led by Golden Gate Ventures.
Kejora, SBI team up on early-stage Indonesia fund
Kejora Capital and Japan’s SBI Holdings have launched an early stage technology fund for Indonesia with a target of $30 millon.