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Finfra Raises $1 Million to Scale Embedded Finance in Indonesia
Finfra plans to accelerate product development and grow its engineering, data, and finance teams in an effort to boost revenue.
- Categories
- Finance, Technology
- Region
- South Asia
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Indonesia’s DS/X Ventures Seeks $15 Million for Debut Fund
DS/X Ventures is raising $15 million for its maiden fund in a bid to back early-stage startups in the archipelago.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups, venture capital
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Asian Development Bank Signs $44.2 Million Blue Loan With ALBA to Reduce Ocean Plastic Waste in Indonesia
The Indonesian government has implemented policy initiatives targeting a 70% reduction in plastic waste leakage by 2025.
- Categories
- Environment, Technology, WASH
- Region
- South Asia
- Tags
- blue economy, infrastructure, recycling, waste, water
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Malaysian Insurtech Startup PolicyStreet Bags US $15.4 Million in Series B Funding Led by Khazanah
The investment in PolicyStreet aims to improve insurance penetration within unserved and underserved communities in Malaysia.
- Categories
- Investing, Technology
- Region
- South Asia
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Report: Financial Tools Needed to Pay $200 Billion Nature Restoration in Southeast Asia
Well-structured capital market instruments such as sustainability-linked bonds (SLBs) can help scale up investments in nature restoration projects.
- Categories
- Environment, Investing
- Region
- South Asia
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British Consortium to Invest $9 Billion in Indonesia Mining, EV Batteries, Minister Says
Indonesia is keen to develop batteries and vehicles for the world's biggest electric car manufacturers.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing, mining, wind
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Indonesia’s Evermos Raises $39 Million Funding Led by IFC to Fuel Business Expansion
Evermos said it will channel this latest funding towards strengthening its reseller network.
- Categories
- Investing
- Region
- South Asia
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Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia
The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta.
- Categories
- Education, Finance, Health Care, Investing
- Region
- South Asia
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