By Antonia Timmerman
Telkom has repeatedly said that it wants to grow in the digital space through collaboration or acquisition
Skystar managing partner Abraham Hidayat said, the fund would “have a more equal split between early and later-stage funding”
IDX said the decision was taken due to a significant cumulative price hike.
DanaDidik was one of the nine startups that recently graduated from Plug n Play Indonesia’s acceleration program.
Rimau will sell 13.64 billion new shares and PT Fersindo Nusantara and AirAsia Investment Ltd – the current owner of Indonesia Airasia – are acting as standby buyers.
The startup had recently raised an undisclosed sum from Gemilang Dana Sentosa.
President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist.
Minna Padi plans to fund the buyout through its own rights offering.
Indonesia: M Cash Integrasi fixes IPO price at Rp 1,385; PAG Capital, Maybank Asset among anchor investors
MCI plans to list on the IDX by October 31.
On some key measures, the region’s biggest economy is falling behind.