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Relocating Indonesian capital will impact nation’s startup ecosystem

Relocating Indonesian capital will impact nation’s startup ecosystem Hugh Harsono Contributor Hugh Harsono is a former financial analyst currently serving as a U.S. Army officer. More posts by this contributor Why the world’s first smart highway will most likely be in China Why the future of Chinese e-commerce is in its rural […]

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Korean hotel platform Yanolja raises $180M at a valuation of over $1B

Korean hotel platform Yanolja raises 0M at a valuation of over B The travel tech industry has got another unicorn. Following the likes of Airbnb, OYO, Traveloka and Klook, Korea’s Yanolja said today it has closed a $180 million Series D round that takes it valuation beyond $1 billion. The investment is […]

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EV Growth closes $200M fund to cover Southeast Asia’s Series B funding gap

EV Growth closes 0M fund to cover Southeast Asia’s Series B funding gap East Ventures has long been known as one of Indonesia’s longest-serving and most active seed-stage investors, but now it has officially moved up the food chain after it announced a final close of its growth fund at $200 million. […]

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VCs give us their predictions for startups and tech in Southeast Asia in 2019

VCs give us their predictions for startups and tech in Southeast Asia in 2019 The new year is well underway and, before January is out, we polled VCs in Southeast Asia to get their thoughts on what to expect in 2019. The number of VCs in the region has increased massively in […]

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Warung Pintar raises $27.5M to digitize Indonesia’s street vendors

Warung Pintar raises .5M to digitize Indonesia’s street vendors The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar company helping street stall traders to tap the internet, so Warung Pintar, another startup […]

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Indonesian e-commerce unicorn Bukalapak raises $50M

Indonesian e-commerce unicorn Bukalapak raises M The chances are you may be familiar with Tokopedia, especially after it commanded a $7 billion valuation last November when it raised $1.1 billion from investors like Alibaba and SoftBank’s Vision Fund, but fewer people outside of Indonesia are aware of another sizable local online retail […]

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Sequoia wraps up new $695M fund for India and Southeast Asia

Sequoia wraps up new 5M fund for India and Southeast Asia Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago. Reports at the beginning of this year […]

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Three Indonesian tech unicorns unite to back digital insurance startup

Three Indonesian tech unicorns unite to back digital insurance startup It’s almost unheard of to see three unicorns join forces to fund a startup, but that’s exactly what has happened in Indonesia. Ride-hailing company Go-Jek, e-commerce firm Tokopedia and travel booking startup Traveloka — each of which is valued in the billions […]

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Golden Gate Ventures hits first close on new $100M fund for Southeast Asia

Golden Gate Ventures hits first close on new 0M fund for Southeast Asia One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing themselves, too. That’s perhaps best embodied by Golden Gate Ventures, a […]

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