+ Nusantara Incubation Fund seeks out Indonesia’s Next Big Thing
Indonesia-based Bakrie Telecom on June 13 launched the Nusantara Incubation Fund (NIF), which plans to invest in companies that deal with mobile and web technology, as well as new media. The iniative is part of Bakrie’s Telecom Media and Technology Vision 2015, which was announced in March.
The fund has been allocated Rp 100 billion(US$11.72 million) to invest in these companies, which can range from early stage to high growth stage companies. Besides funding, the NIF would also work with the companies’ founders to provide mentoring, facilities, and links to strategic partners and companies.Read more
+ Nusantara Incubation Fund launched for Indonesian startups
Indonesian startups looking for possible investment opportunities now have another option to which they can pitch their ideas. Bakrie Telecom yesterday launched Nusantara Incubation Fund to invest in new companies who operate web and mobile services and apps as well as next generation media.Read more
+ Indonesia, The Rising Tech Start-up Nation
When we think about start-up nations, U.S, Europe, Japan and China quickly come to mind. But watch out for Indonesia as investors are keeping a close watch on the country.
There are several reasons why. Firstly, Indonesia is a huge market. It is the world’s fourth most populous country in the world housing 240 million people.Read more