Indonesia Archives

Coldspace Raises US$3.8M in Seed Funding

Coldspace, a Jakarta, Indonesia-based integrated cold chain solutions provider, raised US$3.8M in Seed funding.

Sinar Mas Financial Services Receives Investment from 01Fintech

Sinar Mas Financial Services (known locally in Indonesia as Sinar Mas Multiartha Tbk, or SMMA), a provider of a broad range of financial services, received an investment from 01Fintech, a growth stage private equity (PE) firm specialising in financial technology in Southeast Asia.

Giift Acquires Majority Stake in InTouch

Giift, a Singapore-based provider of end-to-end loyalty program management solutions, acquired a strategic majority interest in InTouch, a provider of loyalty solutions, based in Indonesia.

iSeller Raises US$12M in Series B Funding

iSeller, a Jakarta, Indonesia-based provider of Point of Sale (POS) platform for online and offline merchants, raised $12M in Series B funding.

Akulaku Receives $200M Investment from MUFG

Akulaku, a Jakarta, Indonesia-based provider of a banking and digital finance platform, raised $200M in equity funding.

Suryanesia Raises US$2M in Seed Funding

Suryanesia, a Jakarta, Indonesia-based clean energy company, raised US$2M in Seed funding.

Privy Raises $48M in Series C Funding

Privy, a Jakarta, Indonesia-based digital trust provider, raised $48M in Series C funding.

Jago Raises US$2.2M in Pre-Series A Financing

Jago, a Jakarta, Indonesia-based mobile café company, raised US$2.2M in Pre-Series A funding.

Accenture Closes Acquisition of Romp 

Accenture (NYSE: ACN) completed its acquisition of Romp, a brand and experience agency in Indonesia known for its creative talent and innovative services across branding, creative and performance marketing.

Accenture to Buy Romp

Accenture (NYSE: ACN) has agreed to acquire Romp, a Jakarta, Indonesia-based brand and experience agency.

KitaBeli Raises US$20M in Funding

KitaBeli, a fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, closed a US$20m funding round.

Mapan Raises US$15M in Series A Funding

Mapan, an Indonesia-based startup focused on eliminating barriers to financial access for the masses in the country, raised US$15 m in Series A funding.