Backed by MDI Ventures and KB Investments, the fund aims to raise USD 150 million by early 2022. 

Indonesia has the world’s largest nickel reserves and aims to become a global EV production hub.

Bukalapak’s stock movements have provoked strong reactions on social media.

The VC firm is looking at startups that can support Telkomsel’s digital transformation ambitions.

With the crypto industry riding on tailwinds, local exchanges have joined the fray.

E-commerce, fintech, and edtech were the most funded verticals in the past 18 months.

After launching RedDoorz in 2015 and failing in 2019 with another hospitality startup in New York, Singhi is currently leading a cloud kitchen firm called DishServe in Indonesia.

Thailand has similar agreements with Vietnam, Malaysia, Cambodia, and Singapore.