Mexico’s Cinepolis buys 40% in Indonesia’s Lippo-backed Cinemaxx for $110m


Cinepolis has presence in 17 countries with Mexico as its largest market, followed by India and Brazil.

Impact investor Patamar Capital hits road to raise over $45m for second fund

Patamar Capital raised $45 million for its first vehicle, which has backed 14 startups, in 2016.

Japan’s Sumitomo leads Series A funding in Indonesian firm Cashlez

Its existing investor Mandiri Capital Indonesia also participated in the round.

Indonesia mulls setting up Temasek-like super holding company for state enterprises

By setting up a super holding company, Indonesia would be following the lead of neighbors Singapore and Malaysia.

Indonesia Digest: GrabKitchen adds new locations; NextICorn drive

Grab has added two new GrabKitchen locations while Indonesia has launched its NextIcorn initiative.

Indonesia’s Adhi Karya plans IPOs for two units, targets to raise $319m

Both companies will sell around 30-35 per cent each of their enlarged capital in the IPO, targeted for second half this year.

Insignia Ventures leads seed funding in Indonesian proptech startup YukStay

YukStay platform provides a marketplace for urban apartment rental.

IDX exec says Traveloka could be country’s first unicorn to list locally

Traveloka remained non-committal in its response to IPO queries, saying there was no short-term plan to list its shares on the IDX.

Indonesia Digest: Grab opens accelerator; Four startups merge operations

Four Indonesian startups Talenta, Sleekr, Jurnal and Klikpajak consolidated their operations to form one entity called ‘Mekari’.

Coca-Cola Amatil brings corporate VC programme to Indonesia

The CVC arm will invest in startups in the areas of on-demand delivery, distribution optimization, in-store analytics and environmentally friendly packaging.