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

500 Southeast Asia
500 Southeast Asia
Published in
4 min readJul 30, 2021

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 Southeast Asia
500 Southeast Asia

500 Southeast Asia is an early-stage VC firm; The company has backed over 250 companies across multiple sectors from internet to consumer to deep technology.