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Relocating Indonesian capital will impact nation’s startup ecosystem

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Recently reelected, Indonesian President Joko Widodo announced a desire to move the nation’s capital from Jakarta to the East Kalimantan region, citing environmental concerns, the...

Southeast Asian real estate portal 99.co agrees to joint venture with...

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Southeast Asian real estate portal 99.co has agreed to form a joint venture with iProperty. As part of the deal, iProperty owner REA Group...

Voter manipulation on social media now a global problem, report finds

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New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties...

SoftBank pumps $2B into Indonesia through Grab investment, putting it head...

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Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using...

Indonesian startup Pomona raises $3 million to help brands increase engagement...

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Pomona, an Indonesian startup that creates omnichannel marketing and sales software for consumer brands, announced today it has raised a Series A-2 of $3...

Waresix hauls in $14.5M to advance its push to digitize logistics...

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Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in...

Warburg Pincus announces new $4.25 billion fund for China and Southeast...

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Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced a $4.25 billion fund...

Indonesia’s Kopi Kenangan raises a sweet $20M to expand its coffee...

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Kopi Kenangan, a startup that wants to make quality, fresh coffee affordable to Indonesian consumers, has raised $20 million as it begins to consider...

Indonesia’s KoinWorks raises $12 million to grow its P2P SME lending...

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KoinWorks, an Indonesian startup that helps small and medium-sized businesses secure financial services through its online peer-to-peer platform, has raised $16.5 million SGD ($12...

MAX.ng raises $7M round backed by Yamaha and pilots EVs in...

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Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese manufacturer Yamaha. Based in Lagos,...