Jakarta

  • Monk’s Hill Ventures Launches $80M Early-Stage Fund For Asian Startups

    Monk’s Hill Ventures Launches $80M Early-Stage Fund For Asian Startups

    Though there are many promising startup ecosystems in Asia, founders there have to cope with a lack of venture capital funding and mentorship. Monk’s Hill Ventures hopes to address those challenges with a $100 million SGD (about $80 million) fund that will provide early-stage funding and guidance from experienced entrepreneurs, including founders of Match.com, Zalora and Bubbly, to… Read More

  • Eduardo Saverin Beats Mark Zuckerberg to Indonesia

    Someone needs to make me a “Where in the world is Eduardo Saverin?” logo. Following up on my story that he was holed up in a penthouse in Singapore investing in Facebook games, comes news that Saverin has hopped over to Indonesia to meet with some startups. Pictured to the left is Saverin with Aria Rajasa¬†of GantiBaju– a company I wrote about here that won the SparkxUp awards… Read More

  • Coincidence? Or Has this Tiny Indonesian Company Pushed Google into the Market Faster?

    Andy Sjarif has an almost weird, man-crush on Google. No matter what crazy things Eric Schmidt may promise shareholders, Sjarif is in no doubt that the great and mighty Google can achieve them. Self-driving cars? Trips to the moon? Wind farms? All in a day’s work at the Googleplex. Google with its execution, its Ph.Ds and its algorithms is Sjarif’s mahaguru. But – all that… Read More

  • Hey, Facebook, Twitter and Foursquare: Zynga and I Are in Indonesia. Where Are You?

    Hey, Facebook, Twitter and Foursquare: Zynga and I Are in Indonesia. Where Are You?

    JAKARTA– You’ve probably heard about the swell of Internet users coming from Indonesia. It’s already the second largest market for Facebook, after the United States. It’s “only” the fifth largest market for Twitter, but it’s number one in terms of the ratio of people online to Twitter adoption. And Google trends ranks Indonesia as the top… Read More