Convergence Ventures

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.
Summit brings together investors, startups in efforts to boost SEA ecosystem
Global Ventures Summit 2017 will play host to VCs, angel investors, corporates and LPs.
The future is mobile for Female Daily Network
As Indonesia's largest online beauty community platform Female Daily Network (FDN) realised very quickly that it needed to focus on building its mobile customer base in order to maintain its position at the top.
Indonesian e-commerce players face Catch-22 situation
Indonesia's e-commerce market is expected to hit US$81 billion in 2025, accounting for 40% of the total market in South-East Asia.
Go-Jek’s US$550mil funding a game-changer for Indonesia
Go-Jek’s US$500mil funding shows that the Indonesian market is strong enough to birth unicorns, writes Masyitha Baziad.
Nida Rooms secures US$4.2mil equity investment
Global Rooms Ltd, which owns and operates the Nida Rooms hotel reservation system, announced it has secured  equity investment of US$4.2 million, led by venture capital firms Convergence Ventures and CyberAgent Ventures.
Malaysia and Indonesia in startup ecosystem partnership
Indonesia and Malaysia have agreed to work together to develop both countries’ digital economy and startup ecosystem.
1337 Ventures and partners launch Alpha Startups bootcamp in Indonesia
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.
Ematic gets US$1mil+ to make email marketing smarter
Ematic Solutions raises US$1.07mil seed funding to further tap the email marketing segment and make it ‘smarter.’
Dating app startup Paktor lands US$7.5mil in Series B round
Singapore-based social dating startup Paktor Pte Ltd said it has secured Series B funding of S$10 million (US$7.5 million) from Majuven, Convergence Ventures, and existing investor Vertex Venture Holdings (a wholly-owned subsidiary of Temasek Holdings).
Subscribe to SNAP
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021