Indonesia
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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Finance
Indonesia’s KoinWorks raises $12 million to grow its P2P SME lending platform
KoinWorks, an Indonesian startup that helps small and medium-sized businesses secure financial services through its online peer-to-peer platform, has raised…
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Trends
MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria
Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese…
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Line teams up with Visa to boost its mobile payment service
Messaging app Line has partnered with Visa to bring traditional financial clout to its mobile payment service. The deal will…
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Finance
EV Growth closes $200M fund to cover Southeast Asia’s Series B funding gap
East Ventures has long been known as one of Indonesia’s longest-serving and most active seed-stage investors, but now it has…
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Trends
Agritech startup TaniGroup raises $10M to help Indonesia’s farmers grow
In 2016, former World Bank analyst Eka Pamitra teamed up with five friends to start a business that would help…
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STARTUPS
A young entrepreneur is building the Amazon of Bangladesh
At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with…
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Business
Vertex Ventures hits $230M first close on new fund for Southeast Asia and India
Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive…
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