Sinar Mas Digital Ventures
Indonesian logistics startup is about to close series A round from East Ventures, SIG, SMDV
The company provides same-day delivery at a flat rate in several major Indonesian cities.
Indonesian fitness startup nets $1.25m in pre-series A round
R Fitness aims to have five flagship studios across Jakarta by the end of the year, and looks to open micro-studios starting in October 2019.

Workplace app Eko nets $20m funding from SMDV, AirAsia, and others
Expansion in Europe and North America are next on the agenda for the Thai workplace collaboration tool.

Thailand’s Omise raises $17.5m to take its payment service to more Southeast Asian markets
The round is one of the largest ever for a fintech company in the region.

With funding from Sinar Mas VC arm, fashion startup Cantik comes out of closet
This new startup aims to keep itself as simple as possible while Indonesia’s ecommerce sector continues to bloom.

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