Funds came from East Ventures and Skystar Capital.
Indonesia-based beauty focused e-commerce platform offers a range of authentic beauty products.
Aims to boost growth-stage Indonesian startups.
Indonesia-based startup will use the funds to develop their warehouse network, infrastructure and cloud-based platform.
Participating are SMDV, Digital Garage, East Ventures, Insignia Ventures Partner, Triputra Group, and various angel Investors.
Local media company focuses on delivering content for millennials and Gen Z.
Fund is aimed at seed to Series A technology startups.
Startup investment grows 68 times over the past five years to reach US$1.4 billion in 2016.
Inspired by large investments into its leading startups, there is a rising sense of belief among Indonesians that the country can build a strong startup economy.
The partnership with Alibaba will enhance the scale and quality of Tokopedia's offerings to its customers.