unicorn

Indonesian fintech startup Ovo expects to breakeven in 2-3 yrs

The Lippo and Grab-backed startup, last valued at about $2.9 billion, is riding Indonesia’s cashless payments wave to bring merchants and financial institutions timely consumer insights. Ovo’s CEO Jason Thompson sees a fresh fundraising drive next year to support growth.
September 09, 2019

Gojek corals investors from the Mitsubishi Keiretsu

Investment by Mitsubishi Motors, Mitsubishi Corp and Mitsubishi UFJ Lease & Finance includes partnership in mobility and consumer services. Gojek is targeting close to $2.5 billion from its Series F fundraiser.
July 08, 2019