Intudo Ventures

SerMorpheus wants to make NFTs an everyday sight in Indonesia

More than half of the population in Southeast Asia is under 30, making it a coveted market for novel technologies. Unsurprisingly, several countries in the region, like Singapore and Vietnam, have som

Indonesia-focused Intudo Ventures closes $115M third fund

Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months

Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures

Along with the stock market, cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu, a platform focused on first-time cryptocurrency buyers, announced today it has raised a

Indonesian consumer research startup Populix gets $1.2M in pre-Series A funding

Indonesia is one of the fastest-growing consumer markets in the world, but consumer data is still hard to find for many businesses, especially smaller ones. Populix wants to make research easier for c

Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia

Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executi

Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus

Kargo, a Jakarta-based logistics startup co-founded by veteran Uber Asia executive Tiger Fang, has raised $31 million to scale its business and help firms in the Southeast Asian nation fight the coron

Indonesian entertainment development company Visinema raises $3.25 million Series A

Jakarta-based entertainment company Visinema will build its animation business and expand into more Southeast Asian markets after raising a $3.25 million Series A led by Intudo Ventures. Returning inv

Agritech startup TaniGroup raises $10M to help Indonesia’s farmers grow

In 2016, former World Bank analyst Eka Pamitra teamed up with five friends to start a business that would help farmers in their native Indonesia. Today their company — TaniGroup — closed a

Indonesia’s Kargo comes out of stealth with $7.6M from Travis Kalanick, Sequoia and others

Travis Kalanick may be busy cooking up a cloud kitchen business, but that hasn’t stopped the former Uber CEO’s VC fund from making its first investment in Southeast Asia. 10100, the firm t

Startups Weekly: Is Y Combinator’s latest cohort too big?

Plus, e-scooter subscription services are a thing now, the Vision Fund is betting big on autonomous delivery and Facebook almost bought Unity.

Indonesia-focused Intudo Ventures raises new $50M fund

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newc

BeliMobilGue raises $10M for its used-car sales platform in Indonesia

BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The compan

Indonesia’s EV Hive raises $20M for its co-working business to rival WeWork

WeWork is setting its sights on Southeast Asia, but that isn’t stopping local rivals from building up their business. In Indonesia, EV Hive — a co-working brand first started by a VC firm

Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — w