There’s been pause since Southeast Asia last welcomed fresh venture capital, but one reload is on its way after NSI Ventures, an early investor in Indonesian unicorn and Uber rival Go-Jek, announced a first close of its second fund. The target is $125 million, which represents a significant increase on its first fund of $90 million. The firm said it has pulled in $75 million of… Read More
Category: go-jek
Uber’s new Asia chief wants to work with governments and taxi firms not against them
New CEO Dara Khosrowshahi has been vocal in pledging to reform Uber’s toxic culture to take the business to the next level — and ultimately an IPO — but, over in Asia, another recent arrival is presiding over a revamped approach which includes turning those who were once enemies into friends. Brooks Entwistle, a former Chairman of Goldman Sachs Southeast Asia, joined… Read More