Jakarta-based startup BintanGo, a platform facilitating content creators in monetizing their work, has recently secured $2.2 million in fresh funding, a mix of debt and equity. This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund.  This infusion of capital takes the total […]

Indonesia-based raw material procurement platform Bababos has closed its pre-seed funding round, with East Ventures as the lead investor. The startup plans to use the additional capital to build a seamless platform that connects small and medium enterprise (SME) manufacturers directly with quality raw materials sourced from top suppliers and producers. Bababos is committed to […]

Malaysia-based used-car online marketplace Carsome has raised US$300 million in the latest funding round led by funds linked to Temasek Holdings Pte. Ltd. and Qatar’s sovereign wealth fund. Among investors, Sea Town Holdings and 65 Equity Partners both backed by Temasek- and Qatar Investment Authority participated in the round. Carsome Malaysia’s most valuable technology startup […]

Indonesian brand that produces healthy consumer goods, Lemonilo has raised US$36 million in a Series C funding round led by Sofina, with participation from existing investor, Sequoia Capital India. Lemonilo will be using the fresh funding to strengthen its product penetration internationally and local distribution. “As a growth-stage company, we have proven that our business […]

Praktis (formerly PTS.sc), a data-driven supply chain solution for DTC (direct to consumer) brands, revealed that it has raised an undisclosed amount in a pre-Series A investment round headed by East Ventures and Triputra Group. To provide better service to Praktis’ clients, the funds will be used to accelerate technology enhancements, team building, and expanding […]

Indonesian startup GoCement has successfully secured seed funding from Arise to accelerate product development of the B2B marketplace by onboarding large distributors into its platform, according to an announcement. The current funding round will also be used to grow rapidly by leveraging Arise’s network of construction companies within Indonesia’s state-owned enterprise. The seed funding from […]

Carsome, Southeast Asia’s largest integrated car e-commerce platform, announced that it has acquired an equity stake in PT Universal Collection, a Jakarta-based car and motorcycle offline auction service company. The announcement did not provide the financial details of the acquisition but Carsome said the deal marks its first investment in Southeast Asia in 2021. PT […]

Kredivo Indonesia is a digital credit card payment platform of FinAccel that offers various payment methods to help customers to break large payments into affordable and safer payments. Kredivo provides an option to its users to buy now, pay later while doing online shopping. There is a credit-scoring done for the users and basis their […]

Stockbit  Indonesia, a virtual based community platform has redesigned the information sharing for traders and stock investors. The purpose of creating Stockbit was to make stock investment simple and exciting for individual investors. Stockbit Indonesia was founded in 2012 by Johny Susanto and Wellson Lo. Mr. Susanto is the CTO while Mr. Lo is CEO […]

Providing the citizenry with the occasion to have a fun-time, SelenaGo Indonesia is a digital venture with its headquarters set up in Bantul, Yogyakarta, Indonesia. The project is positioned at 13,900,906 among all the globally established websites. The leisure site has been ranked so, on the basis of 519 web visitors catered by it on […]