Indonesian Fintech Startup Ajaib Secures $270 Million Investment from SBI Holdings
Ajaib, a leading Indonesian stock trading platform founded by Stanford graduates, has successfully closed a $270 million funding round led by Japan’s SBI Holdings. The investment marks the largest venture capital raise for an Indonesian tech company in recent years and will fuel regional expansion.
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Stanford Grads’ Stock App Snags Biggest Indonesia Round in Years
Ajaib, an Indonesian online stock trading platform, scored $270 million in the country’s largest tech fundraising round since 2022, a rare bright spot for the country’s struggling startup economy.
By Olivia Poh
Read full article →Indonesian Stock Trading Unicorn Ajaib Raises $270 Million From Japan’s SBI Holdings
Ajaib, an Indonesian online stock trading platform, raised $270 million from Tokyo-listed SBI Holdings in what could be the country’s biggest fundraising round since 2022.
By Ardian Wibisono, Forbes Staff
Read full article →Coverage Timeline
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