Aastha Maheshwari

Indonesia

Senior Correspondent at DealStreetAsia

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Articles

SG fintech firm Aspire said to be scaling down Indonesia focus amid strategy shift

2 weeks ago | dealstreetasia.com | Aastha Maheshwari

Singapore-headquartered B2B fintech firm Aspire is shifting its strategic focus from regional markets towards a more global expansion, triggering an organisational restructuring that includes downsizing its Indonesian team, DealStreetAsia has learnt. Start your deal-making journey now!Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets.
Indonesian air solutions startup Nafas raises funding from Rigel Capital, QDB

2 weeks ago | dealstreetasia.com | Aastha Maheshwari

Nafas, an Indonesian air quality solutions provider, is in the final stages of closing a nearly $3-million investment round with Rigel Capital and Qatar Development Bank (QDB), according to a top executive of the Singapore-headquartered company. Start your deal-making journey now!Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets.
TikTok deal seen triggering Tokopedia portfolio reassessment

Feb 6, 2024 | asia.nikkei.com | Khamila Mulia |Aastha Maheshwari |Dealstreet Asia

JAKARTA -- China's short-form video platform TikTok's 75% stake acquisition of Indonesia-headquartered Tokopedia has prompted adjustments to the latter's investment portfolio that it has built over the years.
Singapore-based Antler to focus on more evolved startups in 2024

Jan 23, 2024 | asia.nikkei.com | Aastha Maheshwari |Dealstreet Asia

JAKARTA -- Global venture capital (VC) firm Antler, known to incubate nascent startups from their day zero, plans to go upstream in 2024 and increase investments in slightly more evolved companies. The Singapore-based firm is looking to allocate more to seed rounds and follow-on investments this year in Southeast Asia, said Markus Bruderer, partner at Antler Singapore, who handles investments and operations in Southeast Asia.
Early-stage Indonesian climate startups lure investors

Dec 1, 2023 | asia.nikkei.com | Aastha Maheshwari |Dealstreet Asia

JAKARTA -- There seems to be no slowdown in funding for Indonesian climate technology. At least three early-stage climate startups in the country -- Bioniqa, Sampangan and BANiQL -- have attracted interest from investors recently, DealStreetAsia has learned. Bioniqa, a Jakarta-based startup specializing in carbon capture, confirmed to DealStreetAsia that it has raised pre-seed funding from the Bali Investment Club (BIC).
Aavishkaar Capital closes 6th India-focused fund at $150m

Nov 17, 2023 | asia.nikkei.com | Aastha Maheshwari |Dealstreet Asia

JAKARTA -- Impact investment company Aavishkaar Capital has closed its sixth India fund at a corpus of $150 million, 50% higher than its predecessor funds, its executives told DealStreetAsia. "The main investment thesis remains pretty much the same. The fund plans to back early-stage businesses and growth companies in India," said Tarun Mehta, partner-equity at Aavishkaar Capital, in an interview with DealStreetAsia.
Climate funds rush to invest in Southeast Asia

Nov 14, 2023 | asia.nikkei.com | Aastha Maheshwari |Dealstreet Asia

JAKARTA -- Climate funds are making a beeline to invest in Southeast Asia to maximize impact, in a bid to transform the economy and protect the environment. While Aera VC, which is one of Asia's oldest climate funds, has raised $50 million, Eversource Capital is understood to be mulling its second fund to ramp up funding in the sector.
Indonesia's Kindercastle day care in VC funding talks, sources say

Nov 6, 2023 | asia.nikkei.com | Aastha Maheshwari |Khamila Mulia |Dealstreet Asia

JAKARTA -- Indonesian day care operator Kindercastle is said to be in talks to raise funding from several venture capital investors, and with discussions at an advanced stage, Golden Gate Ventures is likely to be one of the lead investors, according to two people aware of the development. This investment could mark a first for Golden Gate Ventures in the early education and parenting segment. The deal is estimated to be in the low millions of dollars.
Amazon Deal Slashes the EPOS H3 Hybrid Gaming Headset to Half Price

Oct 25, 2023 | history-computer.com | Judie Sigdel |Esther Rebecca |Aastha Maheshwari |Elizabeth Milne

If you’re looking for a new gaming headset, your search may be over. We found the EPOS H3 Hybrid Gaming Headset with Bluetooth at Amazon for 50% off the list price of $179. You’ll pay just $89.90. We don’t know how long this deal will last, so get yours while you can.
The 6 Reasons to Avoid a Beats Solo3 at All Costs

Oct 25, 2023 | history-computer.com | Halla Mannering |David Beren |Aastha Maheshwari |Liam Frady

The Beats Solo3 may seem like an attractive product at first, but there are so many reasons why these headphones aren’t worth your hard-earned money. From their uncomfortable fit to the bulky design and subpar case, this product’s reviews have made it clear this is an option you should skip. Let’s dive in and discuss some of the top reasons why this product doesn’t belong in your shopping cart, as well as some better alternatives.