Key sectors that have reported casualties include quick commerce, warung tech, cloud kitchens, among others.
PE giant KKR to invest $400m in Malaysian subsea cable services provider OMS Group
DEG commits $25m loan for Silver Dragon Water Supply Group
Chinese coffee chains see Japan as key testing ground ahead of global expansion
Tech-enabled B2B commerce struggles to survive in Indonesia, Vietnam but hope lingers on
Indonesian investment firm Saratoga seeks to build a more sustainable portfolio
Editor’s take: The week that was—Oct 23-28
GoTo-backed digital lender Bank Jago’s profit jumps 24% in 9M 2023
Sequoia Capital marks up the value of 15 funds, writes down four
With funding in purse, From This Island joins starry lineup of beauty brands in Indonesia
SE Asian venture funding in Jan-Sept 2023 retreats below pandemic levels
Also, read about Barito Renewables’s share price surge, and the KakaoBank-Superbank partnership.
India’s angel tax has been a cause of heartburn among startup founders.
For SGX, it’s too early to tell if this blank cheque endeavor will pay off in the short or long run.
It is also important to protect the livelihoods of workshop owners.
Private capital can look to back tech ventures spurring the growth of renewable energy supply.
A rich motorbike culture and raw materials like nickel bodes well for the country.
Discounts on Chinese portfolios said to be going at 30-50% on average these days.
This edition takes a deep dive into the quarterly earnings reported by three key Indonesian startups.
This edition chronicles Astra’s bets on healthtech and the used car space as well as GoPay’s big leap.