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The firm has seen strong growth in Indonesia’s lower-tier cities. NewsKitaBeli bags new funding for its fast-growing social commerce app2 mins read
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Early-stage VC fund IvyCap Venture earned USD 45.6 million after selling partial stakes in Purplle. It had invested USD 2 million in the company in 2015. NewsIndian beauty e-retailer Purplle gives early investor a 22x return in latest funding4 mins read
Suning will be able to sell assets through REITs, initial public offerings, and equity transfers. NewsSuning teams up with GLP to cash in on its logistics assets2 mins read
Starting with an online marketplace, Tokopedia has diversified to offer a broad range of services for its 100 million users. InsightsInside Tokopedia, the Indonesian e-commerce company offering almost everything9 mins read
Chinese consumers’ demand for healthier lifestyles has been increasing since the COVID-19 pandemic. InsightsLemonBox is personalizing nutrition for Chinese millennials | Inside China’s Startups4 mins read
This is good for the growth of the local startup ecosystem, says expert. NewsIn Indonesia, more tech startups and SOEs are teaming up, but does everybody win?2 mins read
NewsDeals in brief: East Ventures invests in Sxored, Shieldbase and Transcelestial raise funding, HeySara enters Hong Kong with ILS acquisition, and more