Show me the money! Here are 30 funding rounds and acquisitions from Indonesia this year

Indonesia has a good number of quality startups. But since internet penetration is still in the early stages in the country, the market leader position in many sectors is still up for grabs, and that’s what a lot of companies are aiming for right now – and getting a funding boost or acquiring a rival is a great way to get to the top.

Below we’ve rounded up the 30 funding rounds and acquisitions¹ that happened in Indonesia in 2013.

Funding rounds

1. Berrybenka gets a confidence boost with double investment in a year – January and November

Women-focused fashion e-store Berrybenka started 2013 with a bang: the company received series A investment from GREE Ventures. The team didn’t stop there, announcing the arrival of a fresh $5 million series B round led by TransCosmos in November.

(Read also: Berrybenka wants to be the ASOS of Indonesia, talks about recent investment)

Berrybenka President director Jason Lamuda tells Tech in Asia that they want to be as big as is in ASOS in Europe or Zozotown in Japan. While the team is focusing mainly on women’s fashion, there’s a good chance that they’ll expand to men’s fashion in the future.

2. SpeedArchitech gets Systec Group’s love – January

SpeedArchitech is a premium automotive portal in Indonesia. It became Systec Group’s first announced investment in 2013.

3. Saqina gets support from Ideosource – January

Acquisitions

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