Lazada, Sinar Mas investment puts Indonesian fintech DANA in unicorn club
DANA is valued at $1.35 billion, according to filings.
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
DANA plans to use the fresh funds to improve technology and add new financial products
Vantage Point: SCBX reassessing BitKub investment may not be such a bad thing
This edition also looks at the DANA-Sinar Mas & Astra-Bank Jasa transactions.
SG Digest: 6Estates raises $6.2m, BuzzAR secures $3.8 in seed funding
Sinar Mas led 6Estates’ funding round.
EV Growth scales up fund target to over $200m on huge investor appetite
The fund could end up raising as much as $250 million.
Singapore’s Jungle Ventures nears first close of $200m third fund
The VC firm had last raised a $100-million second fund in 2016.
(UPDATE) Hong Kong fintech firm Oriente raises $105m, rolls out services across SE Asia
The investment comprises capital from the founders and a group of family offices including members of the Berjaya Group, JG Summit Holdings, and Sinar
Lack of high-quality startups contributes to Series B crunch, says Latitude Venture Partners’ YC Ng
Latitude Venture Partners is the newly-formed VC arm of Indonesian conglomerate Sinar Mas.
Indonesia Dealbook: Grab partners Mandiri e-cash; Sinar Mas group, Smart JV
Indonesia Dealbook: Grab partners Mandiri e-cash; Sinar Mas group, Smart JV
Indonesia: Sinar Mas consortium lands $1b mega fibre optic project
The Palapa Ring II project is divided into three packages - west, center and east - based on areas. It would lay out a total of 8,395 km of undersea f
