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AC Ventures Closes Fifth Fund, US$210M

AC Ventures, a Jakarta, Indonesia-based venture capital firm, closed its fifth investment fund, ACV Capital V L.P., totaling US$210m, including co-investment funds. Limited partners included the World...

Jala Raises US$13.1M in Series A Funding

Jala, a Yogyakarta, Indonesia-based digital enabler for the shrimp industry, raised US$13.3M in Series A funding. The round was led by Intudo Ventures, with participation...

Luna Raises Funding

Luna, a Jakarta, Indonesia-based embedded fintech and vertical SaaS platform for retailers and MSMEs, raised an undisclosed amount in funding. The round was led by...

PT Ilectra Motor Group Raises Up To USD50M in Series B Funding

Indonesian global electric mobility company PT Ilectra Motor Group with its brand ALVA has closed its Series B funding, totalling up to USD50m. The...

PrimaKu Raises Pre-Series A Funding

PrimaKu, a Jakarta, Indonesia-based community-based parenting ecosystem providing services to improve childhood health and development, raised an undisclosed amount in Pre-Series A funding. The round...

Halodoc Closes $100M Series D Funding Round

Halodoc, a Jakarta, Indonesia-based digital healthcare ecosystem platform, completed a Series D funding round. According to reports, the amount of the deal was USD100M....

Orderfaz Raises Pre-Seed Funding

Orderfaz, a Bandung, Indonesia-based fintech startup for social commerce sellers, raised an undisclosed amount in Pre-Seed funding. The round was led by 1982 Ventures. The company...

Slice Group Closes US$645K Seed Funding Round

Slice Group, a Jakarta, Indonesia-based developer of creator management tools for the creator economy, raised US$645K in Seed funding. The round was led by Intudo...

Coldspace Raises US$3.8M in Seed Funding

Coldspace, a Jakarta, Indonesia-based integrated cold chain solutions provider, raised US$3.8M in Seed funding. The round was led by Intudo Ventures, ASSA, and Triputra Group,...

Sinar Mas Financial Services Receives Investment from 01Fintech

Sinar Mas Financial Services (known locally in Indonesia as Sinar Mas Multiartha Tbk, or SMMA), a provider of a broad range of financial services, received an...

Giift Acquires Majority Stake in InTouch

Giift, a Singapore-based provider of end-to-end loyalty program management solutions, acquired a strategic majority interest in InTouch, a provider of loyalty solutions, based in Indonesia. The...

iSeller Raises US$12M in Series B Funding

iSeller, a Jakarta, Indonesia-based provider of Point of Sale (POS) platform for online and offline merchants, raised $12M in Series B funding. The round was...

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