All stakeholders in Indonesia’s digital economy – from corporates and the startup community, to the Government – need to embrace failure, urged Trade Minister Thomas Trikasih Lembong.
Despite months of down or flat funding rounds, the SEA ecosystem has shrugged off news of MOL Global’s delisting to power ahead with Ninja Van’s Series B funding, writes Karamjit Singh.
On today’s DNA segment of the Tech Talk show on BFM Radio, Karamjit Singh cast a wide net, prodded on by radio presenter Freda Liu!
With its latest investment into Singapore’s Garena, the Malaysian Government’s VC arm Khazanah Nasional is making bets on late stage startups, writes Karamjit Singh.
KL-based on-demand services startup ServisHero has raised US$2.7 million in a pre-Series A round led by Singapore-headquartered Golden Gate Ventures, with participation from Cradle Seed Ventures.
iflix announced the completion of a 'large new round of funding' led by Sky, with participation from Indonesian media giant Emtek Group through its subsidiary Surya Citra Media.
Paktor Pte Ltd said that Indonesian media conglomerate MNC Media Group has invested an undisclosed amount in it, part of a larger investment round Paktor is currently closing.
PawnHero said it has landed undisclosed pre-Series A funding in a round led by the SoftBank-affiliated, Philippines-focused Kaikaku Fund, with participation from 500 Startups and IMJ Investment Partners.
Cradle Fund has signed on six new partners, raising another RM52mil for its co-investment funds, which now total RM159.2mil (US$37.7mil).
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.