The archipelago's startup ecosystem is making headlines for big funding and acquisitions. Here\u2019s the latest buzz from Indonesia\u2019s startup ecosystem.\r\nPoS Startup Pawoon Raises Series A Funding\r\nIndonesia-based PoS (Point of Service) startup Pawoon has secured an undisclosed amount in its Series A round of funding from its existing backer, VC firm Kejora Ventures.\r\n\r\nThe startup will use the funding to increase sales, expand marketing teams, and accelerate research and development efforts.\r\n\r\nPawoon was founded in 2015 and offers software and hardware solutions to Indonesian SMEs. Users can deploy Pawoon\u2019s technology to manage inventory and payments for their businesses. As per a report by Deal Street Asia, the startup currently has over more than 30K businesses on its platform.\r\nFintech Startup C88 Acquires Automobile Listing Site Otobro\r\nFintech company C88 has reportedly acquired automobile listing startup Otobro for an undisclosed amount.\r\n\r\nOtobro is an Indonesian startup that assists people in selecting the most suited automobile as per their needs. As per a report by Deal Street Asia, Otobro inspects all cars listed on its website (no accidents, no major damage, less than 100,000 km) to protect users from scams.\r\n\r\nC88 offers financial services to its users and also combines personalised data driven experience with web and mobile experiences, as well as back-office infrastructure.\r\nDigital Consumer Service Platform Bornevia To Shut Down In April\r\nIndonesia-based digital customer service platform Bornevia is shutting down its operations in the coming month, reported e27.\r\n\r\nThe reasons for the shutdown have been cited as investors\u2019 decision to liquidise the company\u2019s assets. The startup has also advised users to migrate to US-based digital customers service platform Zendesk, or to export and migrate data to other platforms.\r\n\r\nIt has also assured its users will refund all annual subscribers\u2019 money on pro rata basis, and that the users will only be charged monthly subscribers until April.