Tokopedia

Sequoia wraps up new $695M fund for India and Southeast Asia

Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago. Reports

Three Indonesian tech unicorns unite to back digital insurance startup

It’s almost unheard of to see three unicorns join forces to fund a startup, but that’s exactly what has happened in Indonesia. Ride-hailing company Go-Jek, e-commerce firm Tokopedia and tr

Golden Gate Ventures hits first close on new $100M fund for Southeast Asia

One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing, too. That’s perha

Kredivo raises $30M to build a digital credit card for Southeast Asia

FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins to consider overseas expansion. The company launch

Asia-based recruitment app GetLinks nabs investment led by Alibaba’s Hong Kong fund

GetLinks, a Thailand-based startup that offers a job finder app in six countries Southeast Asia and neighboring regions, has closed new funding led by Australia’s Seek group and Alibaba’s

Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three gradua

Alibaba leads $1.1B investment in Indonesia-based e-commerce firm Tokopedia

Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia. A valuation for the deal was not announced, but the compa

Amazon prepares to enter Southeast Asia via Singapore launch

Amazon is continuing its international expansion push with the launch of its services in Singapore coming imminently. The arrival could happen as soon as this week, according to a source with knowledg

Alibaba and Tencent are carving up Southeast Asia’s startup ecosystem

Two global tech forces are putting their mark — and money — into Southeast Asia’s nascent startup ecosystem, but they may not be the Western names that you expect. Rather than Googl

Indonesian Marketplace Tokopedia Raises $100M From SoftBank and Sequoia

Tokopedia, an online marketplace in Indonesia, has raised an impressive $100 million round led by SoftBank Internet and Media (SIMI), with participation from Sequoia Capital and returning investor SB