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CyberAgent-backed Seekmi to raise series A+ this year, says CEO Clarissa Leung

Indonesia’s on-demand service provider Seekmi will be “aggressively” looking for funding this year, CEO Clarissa Leung told this portal. The CyberAgent Ventures-backed startup will begin fundraising process soon, and kick-off the process with discussions with existing investors about possible follow-up investments. “This year we are going to be fundraising in the series A+ kind of […]

March 17, 2017
09:05
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Singapore SaaS startup Ematic raises US$2.4M to enhance AI-based email marketing tools

Singapore-based SaaS email marketing company Ematic Solutions has raised US$2.4 million, completing its Pre-Series A round. Walden International, as well as existing investors Wavemaker Partners, MDI Ventures and Convergence Ventures took part in this fresh funding. Ematic will use the newly-raised capital to accelerate market expansion, recruitment and product development.  “Our growth is tripling year-on-year, and since October 2015 […]

March 15, 2017
08:37
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Less than one year after Series A, Indonesia’s MOKA gets another US$2M to speed up product development

In less than a year since announcing their US$1.9 million Series A led by East Ventures, Indonesia mobile point-of-sale (POS) startup MOKA today announced that it has raised another US$2 million of funding. The round is led by Mandiri Capital with participation from existing investors Convergence Ventures, East Ventures, Fenox VC, and Northstar Group. “We […]

February 16, 2017
10:30
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Bridging Success

It’s a truism that Indonesia’s Internet ecosystem lags those in other countries by a few years. Venture capitalists Adrian Li, 37, and Donald Wihardja, 45, are turning that notion into an advantage, looking to bridge the more advanced Internet developments and entrepreneurs from around the world with those in Indonesia. To fund their firm Convergence […]

February 16, 2017
10:27
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Indonesia is an investment opportunity like China was in 2008

Most investors would jump at the chance to go back in time and invest in a sure thing. Imagine having the opportunity to time travel to China in 2007 or 2008 to make an early-stage stake investment in a startup like Alibaba, now a publicly-traded online giant valued at more than $250 billion. For venture […]

January 30, 2017
09:56