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Original post by Indo Tekno Podcast https://open.spotify.com/episode/6SKU9Sn86GoL5CyoKPqquj?si=xXvuUzldTYmM0hYmGMYF4A Our guest this week, Pandu Sjahrir, is one of Indonesia's best known tech investors and operating executives. Actively involved in the management of four leading companies, Pandu was also recently appointed Board Member of the Indonesia Stock Exchange (or IDX). He joins us to outline the growing attractions of IPO'ing on the IDX …

Original post by TechCrunch As one of the world’s most populated countries, with a fast-growing internet economy, Indonesia offers plenty of opportunity for startups. AC Ventures wants to tap into that with its $80 million ACV Capital III L.P. fund. The firm announced the first close of the fund today, with $56 million already committed. The capital will …

Original post by Bloomberg AC Ventures, an Indonesia-focused venture capital firm, said it completed the first close of a planned $80 million technology investment fund. The Jakarta-based company raised $56 million at the first close, according to its partners. The fund will invest in about 30 early-stage startups in areas including e-commerce and financial technology in the …

Original Post by 7.5 Degrees Next you will see: The “Alibaba” of Fishery, fishermen life turns for the better Inviting the local heroes to go to the countryside and persuading its competitors to change careers China has Alibaba, Indonesia has Aruna In April 2019, Alipay and National University of Singapore held an innovation challenge (Alipay-NUS Enterprise Social …

Original Post by Tech in Asia KitaBeli, an Indonesia-based social commerce startup, said it has raised an undisclosed amount of seed funding led by East Ventures. AC Ventures and some angel investors also participated in the round. Founded in March this year, KitaBeli is a startup that sells daily essentials, fast-moving consumer goods (FMCG), and other household items. But unlike …

Original Post by 7.5 Degrees  Next you will see: Indian entrepreneur who spotted opportunity in Indonesia Enabling 900,000 MSMEs in Indonesia Get a lot of VC big coffee to invest first In Indonesia, 60 million MSMEs contribute 60% of the country’s GDP but these small and medium-sized enterprises that create great economic value are still operating manually …

Original post by The Jakarta Post Aquaculture startup Aruna has announced it had closed a US$5.5 million deal in the latest funding round with its current investors, on the back of the company’s astronomical surge in revenue in the first half of the year Aruna raised the funds from top Indonesian venture capital firms AC Ventures, East Ventures and SMDV, the venture capital arm …

Original Post by The Jakarta Post Accounting application for micro, small and medium enterprises (MSMEs) BukuWarung announced Tuesday that it has raised an undisclosed amount from pre-series A funding, bringing its total funding to date to an “eight-digit figure”. The new round of funding was led by fintech-focused venture firm Quona Capital, along with East Ventures, AC Ventures, …

Original Post by KrAsia The company partners with Indonesia’s tutoring centers, which are an essential service for many students. Tutoring centers are a popular choice for Indonesian students who are after supplementary lessons outside of school. But now, with Indonesia’s traffic getting worse and the fees for tutoring classes soaring, students are increasingly choosing to go online for their …

Original post by Daily Social In the past few years, Pandu Sjahrir has captured spotlights all over the tech industry. From the Chairman of SEA Group Indonesia, Board Member of Gojek, and the latest one is appointed to be the youngest IDX’s Commissioners. Starting off with a productive hobby of investing, he currently has a full-time business as …

Original Post by BukuWarung In Indonesia, there are about 60 million “micromerchants,” typically small store owners who sell food and other staple items, and have close relationships with their customers. Many often extend informal lines of credit to shoppers, but much of their financial tracking is still done with pen and paper ledgers. Chinmay Chauhan and Abhinay Peddisetty, the …

Original post by e27 On Monday, June 22, in Jakarta, the Indonesia Stock Exchange (IDX) released the list of its new commissioners for the 2020-2023 period, which is to be confirmed through an annual general stakeholder meeting today. One of them was a familiar name in the local, perhaps even regional, tech startup ecosystem: Pandu Sjahrir. Currently holding the …

  Jakarta, CNBC Indonesia – Bursa Efek Indonesia (BEI) bakal melaksanakan Rapat Umum Pemegang Saham Tahunan (RUPST). Salah satu agenda yang akan dilaksanakan adalah pergantian komisaris BEI. Berdasarkan dokumen Otoritas Jasa Keuangan (OJK) yang diterima CNBC Indonesia, terdapat tiga nama baru yang dicalonkan menjadi komisaris dan akan diangkat dalam RUPST tersebut. Terdapat tiga nama baru yang akan mengisi jabatan …

Original Post by Tech in Asia Shipper, an Indonesia-based logistics platform, has secured an undisclosed amount of series A funding in a round led by consumer internet group and tech investor Prosus Ventures (formerly Naspers Ventures) to further scale in the archipelago. Existing investors Lightspeed Venture Partners, Floodgate, Y Combinator, Insignia Ventures Partners, and AC Ventures also participated …

Original post by Deal Street Asia Indonesia’s compact motorcycle storage solution Soul Parking has raised an undisclosed amount in its seed funding round co-led by AC Ventures and Agaeti Ventures. The round saw participation from a few strategic angel investors, a top executive from the company confirmed to DealStreetAsia. While financial terms were not disclosed, sources peg the deal …

Original post by e27. Other investors joining the Y-Combinator startup’s new investment round are AC Ventures, Insignia Ventures, Lightspeed Shipper, an Indonesia-based logistics aggregator, has reportedly raised US$20 million in Series A funding led by Naspers. Also participated in the round are AC Ventures, Insignia Ventures Partners, and Lightspeed Venture Partners, says a DailySocial report. Neither Shipper nor the investors have confirmed …

JAKARTA, May 14, 2020 – Openspace Ventures, MDI Ventures, and AC Ventures have launched a national initiative harnessing consumer and business spending to uplift the Southeast Asian start-up ecosystem in these uncertain times. This initiative followed the initial success of Singapore’s #SupportStartups initiative that was launched by Openspace Ventures, 500 Startups, and Cocoon Capital. In a …

Original Post by Tech in Asia Mutual fund investment app Bibit.id announced that it has partnered with Go-Pay – Indonesian unicorn Go-Jek’s e-wallet platform – to allow users to pay for their purchases via the payment gateway. As part of the tie-up, Bibit, which uses robo-advisor technology, will allow users to transact via Go-Pay without any transfer fees. Bibit …

Original post by KrAsia  Last year, technology advisory firm North Ridge Partners said in its 2019 Southeast Asia Internet Trends report that Southeast Asia is the world’s most compelling digital hotspot—another technology miracle after China and India. The report, however, also cautioned about many uncertainties as the world was heading into 2020: the trade war, US election year, IPO market. It …

Original Post by Tech in Asia Indonesian freight logistics marketplace Kargo Technologies said it has raised US$31 million in a series A round led by Silicon Valley’s Tenaya Capital to scale its business. Other participating investors include Sequoia India and Southeast Asia, Intudo Ventures, Coca-Cola Amatil, AC Ventures, Alter Global, and Mirae Asset Venture Investment, according to a statement. Kargo …