Global venture capital firm Sequoia Capital closed two funds focused on India and Southeast Asia.
Jakarta, Indonesia-based East Ventures held a first close of its eighth vehicle for active early-stage tech startups.
Chilibeli, a Jakarta, Indonesia, community-based social commerce platform that connects farmers and suppliers to bring fresh and quality products to households, raised $10m in funding.
EV Growth, a Singapore-based venture capital firm, closed its first fund, at US$250M.
Ruangguru, a Jakarta, Indonesia-based online education platform, raised $150m in Series C funding.
Julo, a Jakarta, Indonesia-based peer-to-peer lender offering personal loans across Indonesia, raised a $10m extension round to its Series A financing.
Pluang, a Jakarta, Indonesia-based fintech startup providing digital micro-savings for Indonesians (formerly known as EmasDigi), raised US$3m in Series A funding.
Outpost, an Ubud, Indonesia-based hospitality brand focused on developing the remote work lifestyle, raised US$1.3m in seed funding.
General Atlantic, a global growth equity firm, opened a new office in Jakarta, Indonesia, and has appointed Ashish Saboo as Managing Director to lead operations and on-the-ground presence in the country.
Intudo Ventures, an Indonesian early-stage venture capital firm, closed its second fund, at US$50m.
Bukalapak, a Jakarta, Indonesia e-commerce company, raised $50m in Series D funding.
Tokopedia, a Jakarta, Indonesia-based online marketplace that allows individuals and business owners to open and maintain their stores for free, secured US$1.1 billion in financing.
Akulaku, a Jakarta, Indonesia-based fintech startup, raised US$70M in Series C funding.
GoWork, a Jakarta, Indonesia-based coworking space provider, raised $10m in Series A funding.
Moka, a Jakarta, Indonesia-based startup that provides a cloud-based point-of-sale (POS) and business management system for SMEs and retailers, raised $24m in Series B funding.