The new investment arm will provide seed to Pre Series A funding.
Targets Indonesia, Singapore, South Korea, Japan, and Australia.
The e-commerce platform under Lippo Group aims to develop their services category and get Series B funding in 2017.
Masyitha Baziad goes through all the stories she wrote about the digital economy and technology startups in Indonesia and tells us about her five personal favourites.
Lippo Group’s retail arm PT Matahari Department Store Tbk (Matahari) has dived into e-commerce with the launch of MatahariStore.com.
One of the richest and most successful businessmen in Indonesia, Lippo founder Mochtar Riady, has a simple formula for success: Embrace information technology (IT).
Singaporean fintech startup Call Levels has raised an undisclosed pre-Series A from Indonesian conglomerate Lippo Group, following a US$500K round it landed last November.
Backed by a US$500-million investment commitment from one of Indonesia’s biggest conglomerates, Lippo Group, MatahariMall.com believes it is on the right path to becoming the biggest e-commerce player in the country.
Jakarta-headquartered Venturra Capital, an independent venture capital fund sponsored by the Lippo Group – one of Indonesia’s largest real estate developers – has launched its US$150-million Venturra Capital Fund I.