East Ventures
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.
Indonesia's Traveloka raises $250m
Traveloka, an Indonesian online travel services company, has closed a funding round of $250 million, reportedly accepting a stepdown in valuation in the process.
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.
Go-Jek completes acquisition of VC-backed Moka
Indonesia’s Go-Jek has completed its acquisition of Moka, a local financial technology provider with several VC backers, in a deal estimated to be worth $130 million.
Indonesia's KoinWorks raises $20m in debt
KoinWorks, an Indonesian financial technology start-up primarily known for P2P lending, has raised $20 million in debt by selling convertible notes to existing investors.
Temasek leads extended round for Singapore's ShopBack
ShopBack, a Singapore-based rewards platform that generates sales for online and offline retailers, has completed a $75 million extended round of funding led by Temasek Holdings.
East Ventures appoints Indonesian politician as advisor
Indonesia’s East Ventures has appointed Triawan Munaf (pictured left), a former member of President Joko Widodo’s cabinet, as a venture advisor.
Indonesia's Waresix lifts Series A to $25.5m
Indonesia trucking and warehousing platform operator Waresix has closed an extended Series A round at $25.5 million following new contributions from EV Growth and Jungle Ventures.
Indonesia advertising tech supplier gets $5.5m
East Ventures and Sinar Mas Digital Ventures (SMDV) have co-led a $5.5 million Series A round for StickEarn, an Indonesian advertising technology supplier.
VC-backed Japanese e-commerce player files for IPO
Base, a Japanese e-commerce services platform that helps small-scale vendors establish online shops, has filed for an IPO in Tokyo. It will facilitate partial exits for multiple venture capital investors.
Temasek, EV Growth lead $40m round for Indonesia's Social Bella
Temasek Holdings and EV Growth have led a $40 million Series D investment in Social Bella, an Indonesian online services provider for the beauty and lifestyle industry.
East Ventures closes sixth fund at $75m
East Ventures has closed its sixth fund for early-stage Southeast Asian start-ups at $75 million. It had initially targeted $30 million.
EV Growth leads $14.5m round for Indonesian logistics player
EV Growth has led a $14.5 million Series A round for Indonesian logistics industry technology provider Waresix.
Indonesia’s KoinWorks raises $12m Series B
Indonesian P2P lending platform KoinWorks has raised S$16.5 million ($12 million) in Series B funding led by EV Growth and Quona Capital.
Fund focus: EV Growth fills the gap
East Ventures, Sinar Mas Digital Ventures, and YJ Capital have raised $200 million for a fund that will target Southeast Asia's underserved Series B and above space
Singapore's EV Growth closes debut fund at $200m
Singapore-based EV Growth, a joint venture between East Ventures, Indonesia’s Sinar Mas Digital Ventures (SMDV) and Japan’s YJ Capital, has closed its first fund at $200 million.
Southeast Asia VC: Growth agenda
Growth funds targeting B and C rounds for technology start-ups continue to gain traction with Southeast Asia venture capital managers keen to fill the late-stage funding gap
Rakuten Capital, EV Growth back Singapore's ShopBack
Rakuten Capital and EV Growth have joined a $45 million round for Singapore-based retail rewards platform operator ShopBack.
East Ventures backs Indonesia auto platform
East Ventures has joined a Series A investment of undisclosed size in Indonesian car sales platform operator Mobilkamu.
Japan VC: Positive energy
Japan’s quiet venture capital space is booming within its own borders. Signs of a stronger exit market and an exuberant influx of corporate involvement are encouraging themes, but they will play out slowly
Indonesia's Warung Pintar gets $27.5m Series B
Warung Pintar, an Indonesia-based smart kiosk start-up, has raised IDR390 billion ($27.5 million) in Series B funding from a group of investors including East Ventures.
East Ventures appoints new partner
East Ventures has appointed Melisa Irene (pictured) as a partner. It is the firm’s first nomination of a woman to that position.
Operational value-add: Active duty
VCs are under pressure to improve operational capacity as competition heats up in Asia’s start-up ecosystems. Methodologies filtering over from the US are finding both disciples and skeptics
Finch secures 2.7x return on Indonesia's Cermati
Early-stage technology investor Finch Capital has sold its minority stake in Indonesian financial technology developer Cermati to local conglomerate The Djarum Group, realizing a 2.7x return on capital in its first exit in Indonesia.