Ardian Wibisono

1 week ago | forbes.com | Ardian Wibisono

Indonesian tycoon Edwin Soeryadjaya’s Saratoga Investama Sedaya and K3 Ventures—founded by Kuok Meng Xiong, grandson of Malaysia’s richest person, Robert Kuok—led a $7 million series A funding round in Rekosistem, a Jakarta-based waste management startup. With the fresh capital, the company plans to scale up its waste collection and recycling operations beyond Jakarta and the surrounding Java region.

1 month ago | forbes.com | Ardian Wibisono

Indonesian billionaire Murdaya Poo, founder of palm oil-to-property conglomerate Central Cipta Murdaya, has died at age 84. Poo’s death was confirmed by the Representative Council of Indonesian Buddhist Communities (Walubi), where he served as the head of the supervisory board. “He (Poo) is a great businessman since the Soeharto era, a pioneer,” Tahir, who goes only by one name, founder of the Mayapada Group, also confirmed his close friend passed away.

2 months ago | forbesmiddleeast.com | Ardian Wibisono

2 months ago | forbes.com | Ardian Wibisono

The fortunes of the billionaire cofounders of DCI Indonesia—Otto Toto Sugiri, Marina Budiman and Han Arming Hanafia—climbed over $2 billion in the past week as shares of the country’s top data center operator surged to record levels amid increasing demand for cloud computing and artificial intelligence. DCI shares jumped 20% on Thursday to 67,225 rupiah ($4.1), hitting the upper limit of allowable daily share price fluctuation for the second consecutive day.

Dec 4, 2024 | forbes.com | Ardian Wibisono

As Southeast Asia’s funding winter for startups abates, it presents new opportunities for seed stage investments, says Amit Anand, cofounder and managing director of Singapore-based venture capital firm Jungle Ventures, speaking to Forbes on the sidelines of the Forbes Global CEO Conference held in Bangkok last month.