IPOs & Markets
The company is aiming to complete the IPO by early 2024.
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Indonesia’s tech startup ecosystem enters a moment of self-introspection
Deals
Fleet management startup TransTRACK allotted shares to Cocoon Capital, Goldbell Investments and others this week.
Analysis
The company targets to become EBITDA positive by the fourth quarter of 2023.
GoTo shares rose almost 35% after MSCI inclusion.
Japanese venture capital firm CyberAgent Capital is likely to lead the round.
Outside of its home market, the company has expanded to Thailand and Vietnam.
Venture Capital
The company aims to reach mortgage transactions of $200 million within the next six to 12 months.
Opinion
All of Indonesia’s top VCs are now in portfolio management mode.
Patamar Capital could become a partner in MDI’s new ESG fund to be launched this year.
Offering price is in a range of 1,650 rupiah to 1,775 rupiah per share.
