Jakarta-based online media startup, Kumparan, has raised a new investment from Go-Jek, a transportation-focused company which is also based in Indonesia.
According to Go-Jek, the investment was made via Go-Ventures, the company’s venture capital branch.
“There will be a series of strategic collaborations that we are exploring with Kumparan in supporting Indonesia’s technological developments,” Nila Marita, Corporate Affairs Chief at Go-Jek said, as reported by Reuters.
Since its founding in 2010, Go-Jek has providers customers with a variety of services including ride-hailing, food-delivery and online payment options. The company also plans on entering the sector of online and creative content, which its recent investment in Kumparan, plays into.
According to the startup’s LinkedIn page, Kumparan was launched in January 2017 and provides content including news in a social media-style setting.
“At present, we are still in the exploration phase of the concept related to the creation of creative content,” a Go-Jek representative said. “As a local company, Go-Jek will continue to support local content creators.”
Go-Jek also has future plans to focus services in a subscription system, as well as to enter the film and film production sector. Previous investors in the company include Google and Tencent Holdings.
(Picture courtesy: https://www.digitalnewsasia.com/)
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