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    Brief: Indonesia boosts ‘missing middle’ startups

Brief: Indonesia boosts ‘missing middle’ startups

Photo credit: adrenalinapura / 123RF. The news (extracted from Tech in Asia Indonesia): “Nexicorn” is Indonesia’s newest government initiative in support of its startup ecosystem. It’s an event that brings

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    Fashion marketplace Zilingo nets $17m round led by Sequoia and Burda

Fashion marketplace Zilingo nets $17m round led by Sequoia and Burda

Zilingo’s co-founders – CEO Ankiti Bose (L) and CTO Dhruv Kapoor (R). Photo credit: Zilingo. Singapore-based online fashion marketplace Zilingo has raised US$17 million in a series B funding round

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    Tokopedia’s ewallet freezes some features pending license approval

Tokopedia’s ewallet freezes some features pending license approval

Indonesia’s online marketplace Tokopedia is putting some of its TokoCash ewallet functions on hold, the firm said in a note to users yesterday. TokoCash users can still spend the credit they

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Hong Kong-based ewallet locks in $115m for Southeast Asia expansion

  Hong Kong-based ewallet locks in $115m for Southeast Asia expansion

Photo credit: strippedpixel / 123RF Stock Photo. Hong Kong-based TNG Wallet says it has locked in a “record-breaking” US$115 million

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Indonesia to see first local startup IPO next month

  Indonesia to see first local startup IPO next month

Indonesia Stock Exchange building. Photo credit: Everyone Sinks Starco. Kioson, an online-to-offline ecommerce service, is on track to become the

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Brief: Ninja Van reportedly eyes $60m series C to reach remote communities

  Brief: Ninja Van reportedly eyes $60m series C to reach remote communities

Photo credit: Ninja Van. The news (extracted from Reuters): Singaporean last-mile logistics provider Ninja Van is said to be raising

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UrWork funds Rework to fight WeWork

  UrWork funds Rework to fight WeWork

Photo credit: Rework. Indonesian co-working space operator Rework has announced over US$3 million in pre-series A funding to expand across Jakarta,

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Indonesia’s long road to cashless payments

  Indonesia’s long road to cashless payments

Driving in Bali, Indonesia. Photo credit: Harsimran Julka. When Uber launched in Indonesia in 2014, the vast majority of the

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Brief: Brick-and-mortar retailer MDS ups investment in sister company MatahariMall

  Brief: Brick-and-mortar retailer MDS ups investment in sister company MatahariMall

Hadi Wenas, CEO of MatahariMall (L). Photo credit: Lippo Group. The news (extracted from DealStreetAsia): Indonesian retail firm Matahari Department

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