Convergence Ventures announced on Nov 1, the successful final closing of Convergence Capital Fund I with over US$30 million in commitments and surpassing the fund’s original target.
Go-Jek’s US$500mil funding shows that the Indonesian market is strong enough to birth unicorns, writes Masyitha Baziad.
Indonesia and Malaysia have agreed to work together to develop both countries’ digital economy and startup ecosystem.
KL-based accelerator and early-stage investor 1337 Ventures has announced a partnership with Convergence Ventures, Baidu Indonesia and Gobi Partners to bring its Alpha Startups bootcamp to Indonesia.
Programmatic advertising company Adskom said it has raised Series A funding of an undisclosed amount, led by Japan’s supply side platform (SSP) and advertising network Geniee.