Ardent Capital

New funds will be put towards fuelling aCommerce’s expansion into Malaysia and Singapore.

The international VC takes over the portfolio startups, but Ardent will continue to work with the startups it has built up from scratch, like aCommerce.

The app helps you identify what celebs are wearing, and suggests similar (affordable) items you can shop.

They draw on massive resources, international networks, and brick-and-mortar infrastructure.

A list of venture capital firms actively funding tech startups in Indonesia, Southeast Asia’s largest economy.

After its launch in September 2015, Snapcart loads up with new cash.

The startup is a new player in Indonesia’s package delivery race. Logistics is hard enough in Jakarta, but Deliveree aims to recreate its Bangkok success.

The app puts money into shoppers’ bank accounts when they photograph receipts. It also sells their shopping data to big companies in Indonesia.

An inside look into whether Indonesia is starting an ecommerce boom and bust cycle similar to that of India or the likes of the notorious US dot-com bubble.

Undaunted by existing players, the firm aims to capitalize on Indonesian businesses’ demand for office supplies, electronics, and cleaning products.