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Horizons Ventures leads IMG's Series B investment round along with HH-CTBC Partnership, L.P. (Foxconn Co-GP Fund) and Indika Energy as the largest investors

PT Ilectra Motor Group (IMG or ALVA) with its brand ALVA has finalized its Series B fund raise, totalling up to USD50 million. The round which included all previous investors, is led by Horizons Ventures. New investors include HH-CTBC Partnership, L.P. (Foxconn Co-GP Fund), which together with Horizon Ventures and Indika Energy, form the largest investors of IMG to date. New investors other than Foxconn Co-GP fund include Brama One Ventures. Proceeds from the Series B funding will be used. ....

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Indonesian energy firm Indika weighs $2b EV venture with Taiwan's Foxconn

Indonesian energy firm Indika weighs $2b EV venture with Taiwan's Foxconn
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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Indonesian mining giant Indika to cut coal income to 50 per cent with net zero in mind

Indonesian mining giant Indika to cut coal income to 50 per cent with net zero in mind
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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