Indonesian furniture startup Fabelio, which launched in early June, announced earlier today that it closed a seed funding round of US$500,000 from a group of investors. The round was led by 500 Startups, and followed by KK Fund, IMJ Investment Partners, and two angel investors; Sandeep Tandon,...

The flip flops have to stop. That’s the order handed down by Indonesian President Joko Widodo to ministers and top officials following several policy U-turns that are denting investor confidence in Southeast Asia’s largest economy, said Sri Adiningsih, the head of the president’s advisory...

A couple of weeks ago Tech in Asia raised US$4 million from a group of international investors. One of them was Marvelstone, a name you may never have heard of if you’re based in Indonesia. Marvelstone is a venture capital firm that claims to have a strong presence in Korea, Singapore, and Hong...