Indonesia’s Go-Jek eyes Philippine expansion, to meet transport regulator


Go-Jek executives have requested for a meeting with the regulator next week, Aileen Lizada, a board member at the transport regulator, said.

Indonesia’s jewellery e-tailer ORORI, HR startup Gadjian to raise fresh rounds

E-commerce site ORORI is backed by 500 Startups while HR management platform Gadjian counts Golden Gate Ventures among its investors.

Indonesia: Student-based platform Cetaku raises seed fund from IDN Media

Cetaku allows students to upload their lecture notes and then receive printed copies for free.

Goldman says Indonesia to be next battleground for technology companies

Softbank was part of a group that invested $100 million in Internet shopping hub Tokopedia in 2014.

GDP Venture co-leads $12m Series A funding for AI startup Element Inc

Element is working to develop and distribute a mobile-based, software-only platform for biometric identity.

Indonesia’s Kresna Graha Investama to invest in Singapore’s MatchMove Pay

In November 2017, Kresna and its portfolio firm M Cash Integrasi picked a combined 29.82% stake in MatchMove’s Indonesia operations.

Indonesia’s newest unicorn Bukalapak now wants to take on the big boys

Bukalapak has set up an M&A team to identify startups that will help it serve 10 million people by 2025.

People Digest: Singapore’s Gaylin, Indonesia’s Kaskus appoint new CEOs

Singapore rigging and lifting solutions company Gaylin Holdings has announced the appointment of Perry Kennedy as its new CEO.

Allianz confirms $35m investment in Indonesia’s Go-Jek

The investment from Allianz was part of Go-Jek’s $1.5-billion funding round raised from a dozen investors including BlackRock and Google at a $5-billion valuation.

Indonesia’s billionaire Hartono brothers chase tower assets as internet users swell

Internet users in Indonesia will rise to 70% of the population by 2019 from 55% in 2017.