Analysis
The acquisition marks IDN’s expansion into physical creative and community spaces.
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India Digest: Sindhuja Microcredit, Flo Mobility raise funding
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OpenAI creates new company with $4b initial investment for corporate AI push
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SoftBank's Son considers up to $100b investment in France: report
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ID Digest: IDN buys M Bloc; Danamon explores integrating ops with MUFG's local unit
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India: Wingreens buys Safe Harvest, closes $12.6m funding round
More Stories
eFishery scandal exposes weak spots in Indonesia’s startup funding model
Vietnamese financial services firm SoBanHang raises fresh funding
NIIF in talks to back Indian early-stage VC Arkam Ventures’ second fund
APAC shows uneven AI, private credit activity: Adams Street
Quadria-backed HealthQuad invests in patient monitoring platform LifeSigns
Governance, operational verification, and financial transparency have come into sharper focus now.
Another shareholder is said to be looking to increase its stake.
Policy & Regulations
Prosecutors alleged the three worked together to facilitate unlawful financing disbursements from BRI.
“If platforms reduce promotions, demand could weaken, which may reduce drivers’ income.”
Deals
The credit facility has been extended by Bank Central Asia.
The stake gives the government a seat at the table as the sector evolves
Earnings and Results
PT Global Digital Niaga Tbk, the Indonesia-listed retail and e-commerce group that owns Blibli, Tiket.com, Ranch Market, and Dekoruma, reported a s...
The transaction is expected to increase OCBC Indonesia’s AUM by 25%.
GoTo’s profit milestone, eFishery founder’s sentencing, and more in this week’s edition.
