4 min read

Daily Markup #305: Top stories in July on US$440M funding to benefit Indonesians through Grab & HappyFresh and more


This month, we cover big stories in Indonesia. A media conglomerate invests US$375 million in Grab Indonesia, HappyFresh bags US$65 million in a Series D funding, Carsome buys a stake in a Jakarta-based offline car and motorcycle auction company, and Bukalapak kicks off Indonesia’s biggest IPO in a decade. Meanwhile in Singapore, Nas Academy raises US$11 million to develop a learning platform for content creators.

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Photo credit: Nick Agus Arya on Unsplash

Other stories you may have missed:


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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

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500 Southeast Asia Team