DealStreet Asia reported that Foody, a Vietnam-based culinary and restaurant listing startup, has just closed a Series C funding from U.S-based Tiger Global Management. This was the company’s first investment in Vietnamese startup. Now, Foody heads for Southeast Asia, unveiling Indonesia as its main focus of expansion. Continue reading Vietnam-Based Foody Expands to Indonesia
Smartfren’s commitment as one telecommunication operators who’ve just implemented 4G LTE network, was shown in form of its first launching of 4G LTE in Batam. Continue reading Smartfren 4G Supports Local Game Industry
Today (7/7), prominent Jakarta-based mobile game studio Touchten officially announced an undisclosed Series C funding led by GREE, Inc. that it just secured. GREE as the lead investor in this round will join 500 Startups to be members of Touchten’s executive board. Continue reading Touchten Sealed Series C Funding from GREE
One interesting point that we can draw from the series C funding sealed by popular Android ROM developer Cyanogen is the involvement of Smartfren Telecom in the round as one of the investors. Although not being the main investor, this maneuver strengthened Smartfren’s blueprint of making Cyanogen as its preferred OS for the Andromax series. Continue reading Smartfren Became One of Investors in Cyanogen’s Series C Funding