Posts in Category: malaysia

iGrow Will Represent Southeast Asia at SWC 2018 Grand Final

SWC 2017 Southeast Asia Regional Finale at Jakarta (19/9) / Source: Bekraf


Fenox Venture Capital, a Silicon Valley venture capitalist company, in cooperation with the Creative Economy Agency (Bekraf), officially held a prestigious event for startup activists in Indonesia and Southeast Asia titled Startup World Cup (SWC) Regional Finale officially held on Tuesday (19/9/2018) at Balai Kartini, South Jakarta.

The event set the Indonesian delegation in the SWC Grand Final held by Fenox VC in Silicon Valley in May 2018, and competed with thirty other regional delegates from six continents at the technology startup center.

The prize contested in the SWC is an investment prize of US $ 1 million.


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Official: Grab Acquire Indonesia-based Online Payments Startup Kudo

CEO of Grab Anthony Tan and CEO of Kudo Albert Lucius/Grab

After the acquisition rumors, an official statement was finally made by Grab and Kudo. Grab announced an agreement to acquire Kudo, e-commerce platform online to offline (O2O) in Indonesia. Once the acquisition is completed, the team and Kudo platform will be fully integrated into the payment ecosystem belongs Grab, GrabPay.

This acquisition is the first step of Grab’s investment that says it will invest at least $ 700 million in Indonesia over the next four years that will be used to build Reseach and Development Center and several other initiatives. Grab commitment is called Grab4Indonesia outlined by CEO and co-Founder Grab Anthony

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