GDP Venture
Indonesia's Blibli completes $509m IPO
Indonesian e-commerce marketplace Blibli posted a small gain on its first day of trading on the Indonesian Stock Exchange (IDX) following a IDR 7.99trn (USD 509) IPO, the second-largest of the year in Jakarta.
Indonesia's Eureka AI gets $20m Series B
Eureka AI, an Indonesia-based artificial intelligence-enabled enterprise software platform, has received $20 million in Series B funding led by Apis Partners, Gobi Partners, Riyad Capital’s Riyad Taqina Fund, and MEC Ventures.
Deal focus: Russell Simmons backs Singapore's Gushcloud
Singapore-based Gushcloud International has teamed up with the founder of Def Jam Recordings to create a digital talent agency that realizes value for social media influencers in Asia and America