Ardent Capital’s Well-Funded Bizzy Enters Indonesia’s B2B E-Commerce Market

Ardent Capital enters Indonesia’s B2B e-commerce market by unveiling Bizzy. With $2.5 million war chest, Bizzy targets office inventory, supplies, and services needs. The competition is still relatively low, with most e-commerce service set their eye on retail market. In the beginning, Bizzy has already snapped some startups as its early customers.

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The Potential of Mobile Marketplace as Alternative to Mainstream E-Commerce

Mobile and e-commerce are two key words in current Indonesian tech landscape. The mobile-first concept, which promises people to be able of doing anything in a few clicks, has made the adoption of smartphone undoubtedly massive. E-commerce ecosystem grows stronger, enabling online shopping becoming a mainstream thing to do nowadays, thanks to the supports provided by the players. The next trend to come would be the mobile marketplace concept which offers a new alternative of online shopping as well as challenges the mainstream e-commerce market. Continue reading The Potential of Mobile Marketplace as Alternative to Mainstream E-Commerce

The Government Will Support Indonesian E-Commerce Industry, by Shutting It Down

There’s a reason why the E-commerce Legislation Draft issued by the Ministry of Trade which went into public test a couple of days ago drew negative responses from e-commerce players. Through this draft, the government claims to support the growth of e-commerce industry in Indonesia while protecting the players in it. Continue reading The Government Will Support Indonesian E-Commerce Industry, by Shutting It Down

Ardent Capital’s Moxy is Finally Available in Indonesia

Bangkok-based e-commerce group WhatsNew announces its expansion in Indonesia by unveiling female-focus e-commerce platform Moxy. Backed by Ardent Capital, Moxy’s operation in Indonesia will be headed by Andrew Senduk. Meanwhile, the group also appoints Jérémy Fichet as Group’s new CEO. Fichet previously was the CEO of Cdiscount Thailand.

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Rocket Internet’s Lyke Relies on “Pop Culture” to Market Fashion Products

The positive trend of online shopping in Indonesia becomes one of factors that support a startup to grow. Lyke is confirmed to be one of those who capture the opportunity, and we can assure you that the startup is backed up by rocket Internet. This Android and iOS-based app offers a mobile portal that helps users to find and explore the latest fashion products. Continue reading Rocket Internet’s Lyke Relies on “Pop Culture” to Market Fashion Products

Ralali Booked Rp 33 Billion of Funding

Ralali, a marketplace of MRO (Maintenance, Repair, ad Operational) for B2B, secured US$ 2,5 million (around Rp 33 billion) from two Japanese investors, Beenos Plaza and CyberAgent Ventures (CAV), today (8/6). The previous investors of Ralali, East Ventures (EV) and couple of angel investors, also joined this investment round. The funding will be spent to support Ralali’s vision of becoming the largest MRO for business marketplace in Indonesia. Continue reading Ralali Booked Rp 33 Billion of Funding

Kreavi Merged with Fabula, Appointed New CEO

We’ve just received an information stating that talent marketplace Kreavi has just merged with Fabula, a creative agency that specifies in digital illustration. Kreavi’s CEO and Founder Benny Fajarai also confirmed that he’ll no longer be the startup’s CEO. He’s been Kreavi’s CEO since 2012. Continue reading Kreavi Merged with Fabula, Appointed New CEO

CyberAgent Ventures Prepares $25 Million for Indonesian Startups

Japan-based VC CyberAgent Ventures is preparing a co-working space for Indonesian startups. This shows how big the VC’s commitment for Indonesian market is. The team claimed that they are ready to inject $25 million to startups who look for seed, series A, and series B funding. For several years to come, CyberAgent Ventures spends around $1,5-2 million (19-26 billion Rupiah) for each startup. Continue reading CyberAgent Ventures Prepares $25 Million for Indonesian Startups

Kudo Secured Funding from Emtek Group

Only a month after securing a funding from GREE Ventures, East Ventures, 500 Startups, and IMJ Partners for expansion to other cities, Kudo sealed an undisclosed investment from Emtek Group. This time, it’s in form of strategic partnership with Emtek’s broad access in numerous media and a network of e-commerce services. Continue reading Kudo Secured Funding from Emtek Group

Kleora Snapped Seed Funding and Released Android App

Kleora, an online marketplace developer and online shop aggregator for female products has just launched an Android app. To fund the development, Kleora raised a seed funding from Rebright Partners and an undisclosed angel investor. Previously, the startup once sealed an investment from the government of Chile for its achievement in establishing Chile. Continue reading Kleora Snapped Seed Funding and Released Android App