Gita Rossiana
Stories by Gita Rossiana
Indonesian wealth tech players reshape monetisation strategies amid tough market
Players are pinning hopes on expanding product range and diversifying revenue streams.
Indonesia’s Superbank secures $73m more from Grab, Singtel, KakaoBank
The investment will support Superbank’s services and product innovations.
Capsquare Asia Partners said to raise continuation fund to exit Indonesia’s Champ Resto
Capsquare Asia, which acquired Champ Resto in 2014, owns a 42.46% stake in the restaurant chain operator.
Indonesia’s Mayapada Hospital ropes in Deutsche Bank for up to $400m fundraising
Mayapada Group holds a majority stake of more than 60% in the hospital operator.
IFC proposes $20m loan to Indonesian media firm Multivision Plus
The loan has a tenure of seven years, which is longer than what the local markets offer.
Indonesian fitness platform Fit Hub said to finalise $12m funding round
Wavemaker Partners and Cercano Management are said to be investing in the round.
Indonesian tech giant GoTo eyes an affordable ride to profitability
GoTo’s on-demand business is expected to maintain its strong performance in Q2 2024.
SEA Digest: iPiD and Botsync raise funding; Granite Asia backs McEasy
iPiD has secured $5.3 million in a pre-Series A funding round led by Monk’s Hill Ventures
Argor Capital, Insignia Ventures back Indonesian fintech startup infinID
The company has bagged fresh equity funding from the VCs and individual investors, per regulatory filings.
Indonesia’s Grab-backed wealth tech Bareksa eyes super app status with new products
Bareksa is looking to set up its brokerage and add insurance and crypto products to its offerings.
