Tag: Indonesia
Indonesian telecom network Telkomsel invests $150 million in Gojek
Telkomsel, Indonesia’s biggest telecom network, has invested $150 million in ride-hailing firm Gojek, the two companies said on Tuesday. As part of the “strategic partnership,” the two firms said they will explore a “broad range of collaboration opportunities” to reach millions of Indonesians. Since 2018, Gojek and Telkomsel have maintained…
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Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm
New York-based fintech startup Wahed (meaning ‘One’ in Arabic) describes itself as a digital Islamic investment platform and as the world’s first ‘halal robo adviser’. It’s now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil…
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Inside Indonesia’s fight to save its most important soil
Scientists started raising alarm bells in early 2015. The signs were clear — the world was in for a large-scale El Niño event, as warm water began to settle in the central and east-central Pacific Ocean. For Southeast Asia and many equatorial regions… Source
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Indonesian startup Delman raises $1.6 million to help companies clean up data
Delman, a Jakarta-based data management startup, has raised $1.6 million in seed funding. The round was led by Intudo Ventures, with participation from Prasetia Dwidharma Ventures and Qlue Performa Indonesia, and will be used to establish a research and development center and hire software engineers and data scientists. Delman was…
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Oriente raises $50 million to continue building its infrastructure for digital financial services
Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. The funding was led by Peter Lee, co-chairman of Henderson Land, one of Hong Kong’s largest property developers, with participation from investors including…
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Igloo raises $8.2M to bring insurance to more people in Southeast Asia
Singapore-based Igloo, formerly known as Axinan, has raised $8.2 million as the insurance-tech startup looks to broaden its foothold in half a dozen Southeast Asian markets and Australia. InVent, a corporate venture capital arm of telecommunications firm Intouch Holdings, led Igloo’s extended Series A round, the startup told TechCrunch. Existing…
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