FinanceAsia unearths Indonesia’s most exciting and eco-conscious companies to emerge from the country which faces huge environmental problems associated with high-population density and rapid industrialisation.
Conceived only two weeks ago, Expara Ventures lays claim to launching the first accelerator to target solutions to the problems caused by the COVID-19 pandemic. Presently siphoning resources from an existing fund, the VC is in talks with investors to support this initiative.
The Tencent-backed global payments and foreign exchange unicorn debuted its borderless card last month in Australia, but headwinds, such as the COVID-19 pandemic, is taking its toll on its existing client base.
Under the aegis of Softbank’s Vision Fund, the Indian budget hotel chain has quickly expanded into China and Europe. But the startup cannot outrun poor business practices that have left customers dissatisfied and investors skittish.
New to the investment game, family office RHL Ventures acutely follows Asian millennial behaviour and invests in startup companies it believes will capitalise on it. Investments run the gamut from dating, bespoke coffee to “clean” cosmetics.
Jakarta-based Warung Pintar has pushed thousands of “mom and pop” shops into the 21st century by digitising their businesses. The startup has raised $35 million to date and tells FinanceAsia it’s keen for more investors to come in.
Amid a global regulatory clampdown, the founder of CoolBitx explains why compliance in the blockchain industry is exciting investors. Although a departure from the core values of privacy and anonymity, the lure of institutional cash is too important to pass up.
Shariah-compliant fintech companies are popping up in Indonesia at a healthy clip. Given the relative underperformance of their traditional bricks and mortar siblings, many startups are confident they can capture huge market share. ALAMI is just one good example.
As governments across Asia look to decrease carbon emissions, Taiwan’ electric scooter sharing service WeMo is out to capitalise and turning to venture capital after four years of bootstrapping to do so. Its CEO and founder takes FinanceAsia through the vision.