Indonesia-focused VC Intudo Ventures closes $10m debut fund

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It will lead seed & Series A rounds with a target ownership of 15-25% on a fully-diluted basis.

Exclusive: Indonesian healthtech startups Alodokter, Halodoc eye next fundraise

Alodokter plans to raise $5-6m & Halodoc wants to raise $15m.


Indonesia: MDI Ventures leads pre-Series A round in marketing automation startup Kofera

MDI Ventures also led a Series B round in Singapore’s Wavecell recently.


Go-jek wants to kill your wallet, says it’s beating Uber and Grab in Indonesia

Go-Jek commands 50% of ride-sharing & 95% of online food delivery in Indonesia.


Wavemaker to close $50m SEA fund; Indonesia to be main driver

WaveMaker is also the SEA representative of the Draper Venture Network


Billionaire investor Tim Draper shifts focus from China to Indonesia

Draper is one of the most high-profile U.S. venture capitalists.


KKR bullish on Indonesia, open to bigger PE play in tech, e-commerce

Upgrades investment outlook noting improvements in macro-economic health.


Eight Indonesian fintech startups officially registered under OJK

Registration marks the government’s formal recognition of the sector.


Indonesia: Charoen Pokphand cancels $75m buyout of 7-Eleven operator

Cancellation due to “non-agreement of the parties concerned”.


Exclusive: Indonesian edtech startup Ruangguru in talks to raise Series B

The company is likely to raise over $6 million.