Convergence Ventures

Stockbit raises Series A funding led by East Ventures
Investment will accelerate the startup’s mission to democratise capital market investment in Indonesia.
GoWork and Rework merge to become Go-Rework
Indonesian co-working space players merge to deliver faster scale and growth.
Zuzu raises US$2mil in seed round funding
The financing will be used to further the startup’s investment in its proprietary technology platform.
Five Malaysian startups seek to enter Indonesian market via Expand programme
Partnership between MDEC and Yacademy aims to ensure collaboration among nations to foster the SEA startup ecosystem.
Rework raises US$3mil in Pre-Series A funding
Aims to empower businesses through technology enabled work spaces in Indonesia.
Indonesia’s Kata.ai raises US$3.5mil in Series A round
Startup provides B2B services by utilising Artificial Intelligence and Natural Language Processing in chatbots that speak Bahasa Indonesia.
Sale Stock raises US$27mil in funding
Indonesian fashion-based eCommerce platform targets the middle-class market in tier 2 and tier 3 cities.
Gobi Partners announces first closing of Meranti Asean Growth Fund
The US$200 million fund will be aimed at Southeast Asian innovation and tech-related companies.
Julo raises seed funding led by Skystar
P2P lending startup focuses on financial inclusion in Indonesia.
Go-jek’s golden funding round from Tencent & its halo effect on the Indonesian ecosytem
The investment, if it comes through cements Indonesia as a hot startup destination, with other strong startups to benefit more than rest of the pack.
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Digerati50 2018-2019

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