Tag Archives: Indonesia

Acquisition

Singapore-based MoneySmart acquires Indonesia’s KreditAja

Singapore-based MoneySmart acquires Indonesia’s KreditAja

The new management team based in Singapore will look to drive growth in traffic and revenue in both markets Singapore-based personal finance portal MoneySmart.sg today announced that it has acquired KreditAja.com, the Indonesian counterpart for an undisclosed sum, to expand its footprints into Indonesia. Together with MoneySmart CEO Vinod Nair, this new management team, which will be

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[Indonesia] BREAK

BREAK is a celebration of corporate venture & future technology. Synopsis: BREAK is an exclusive corporate venture event featuring a community of 300 hand picked startup founders, corporate buyers, and venture capitalists with proven track record of success. This a global affair with brands such as SONY, Intel, McDonalds, VC’s such a Sequoia, Tandem, Sparkbox,

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How is Indonesia’s Elevenia able to add 30,000 users every week?

Elevenia claims to have secured more than 600K members in 8 months. How has it managed this growth? We ask VP – Marketing Madeleine Ong De Guzman Indonesian marketplace Elevenia claims to have secured more than 600,000 members in the eight months since its launch, with an average growth of 30,000 members per week. It showcases more than two million products from

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Indonesia partners with South Korea to implement e-government

Indonesia to speed up establishment of online government services with help from South Korea Apparently, Indonesia is still steps behind in implementing the e-government technology within its governance system that it’s even unable to keep up with other fellow Southeast Asian countries. According to E-Government Survey 2014 by the UN, Indonesia is ranked 106th out

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Convergence Accel launches with US$25M Indonesia-focussed fund

The fund will primarily seek to invest up to US$500,000 in early-stage technology companies based in Indonesia Convergence Accel has launched with a US$25 million fund focussed on investing in early-stage technology companies in Indonesia. The partners, Adrian Li and Donald Wihardja, bring entrepreneurial and operational experience to the fund and are advised by a group of venture capitalists

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Female Daily Network raises US$1M Series A funding

The investment was led by Ideosource. Female Daily Network will expand its reach with this influx of funds Female Daily Network (FDN) announced it has raised US$1 million Series A funding from group of investor led by Ideosource. Also joining this funding round are SMDV and Convergence Accel. This investment will be used to improve

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Bali’s first ever Startup Weekend launches 11 startups

Learn what 75 people from 22 countries in exotic Bali did with their energy, enthusiasm and innovation Over 75 people from over 22 countries built 11 startups at the first Startup Weekend event in Bali last weekend. The startups ranged from e-commerce platforms, crowdfunding sites, networking apps and edutech. The weekend-long event was held in

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Jualo aims to be Indonesia’s eBay with a social mission

The Founder of the classifieds site isn’t in awe of the strong contenders already in the game. With a different approach and a social cause, he is all set to make it big With a plenitude of e-commerce players today, there are a few names that come to our mind first and have become synonym

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KerjaDulu’s Chris Liu wants to disrupt Indonesia’s job market

Indonesia’s new social job platform’s CEO tells e27 he sees huge growth potential in a market that has 55 million registered companies Indonesia, with its 250-million-strong population (far larger than many realise), also, unexpectedly, has a huge and growing jobs market. A recent report by McKinsey in September shows the country is on track to become the world’s seventh

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[Indonesia] Growth Hacking Indonesia

Learn about Growth Hacking from Experienced Experts and Receive on the Spot Advice and Feedback on your Current Growth Challenges! Synopsis: “Startups don’t fail because they can’t get the product built, they fail because they can’t acquire customers” Growth Hacking Indonesia focuses on tactics and processes to achieve fast and sustainable startup growth based on

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Finnish chat app Jongla partners with Indonesia’s XL Axiata

Users of Jongla will get 50MB of free daily data. This is a move to target Indonesia’s generation of mobile-first users, the chat app’s CEO tell e27 Jongla, a Finnish cross-platform messaging app, yesterday announced a new partnership with Indonesian telecom provider XL Axiata to provide users of its chat platform with 50MB of free daily data. The

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Wavoo wants to pull in one million users in less than a year

From the developer of controversial hook-up app TristUp, Wavoo is Indonesia’s answer to Tinder Last year, a controversial Indonesian hook-up app called TristUp made quite a splash for all the wrong reasons, claiming over 80,000 users in less than a year before the developer decided to shut it down. It was essentially a Bang With Friends equivalent

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[Updated] KerjaDulu gets undisclosed amount in angel round from Budi Setiadharma

The Indonesian startup will use the funding to enhance its platform, grow its team, fuel sales and marketing, and add partnerships programmes Jakarta-based KerjaDulu, a social networking platform aimed at bringing together Indonesian job-seeking professionals and recruiting employers, has raised an undisclosed amount in an angel round from Budi Setiadharma. Budi Setiadharma is Chairman and President

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Indonesia-based TouchTen Games launches US$10K Kickstarter for Target Acquired

TouchTen’s CEO tells e27 that this is their first time crowdfunding a title through Kickstarter, with the campaign due to go live today Not many mobile game developers in Southeast Asia have enjoyed the levels of success that Jakarta-based TouchTen Games has. Forbes named it one of Indonesia’s 20 Rising Global Stars, and its 20 titles to date

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Internet to contribute US$26 billion to Indonesia’s GDP in 2016

By 2016, internet-based businesses will be a major contributor to Indonesia’s economy In the midst of government’s attempts to level up Indonesia’s internet ecosystem, internet-based businesses are predicted to be major contributor of the country’s revenue in the future. This is in line with the Indonesia Internet Provider Association’s (IIPA) prediction which stated that in

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