+ 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.
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+ 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.
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+ 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+ Tech Start-ups Flourish in Indonesia
Facebook co-founder Eduardo Saverin created a buzz when he showed up at Dragonfly, a hip dance club in Jakarta, last month.
But the media-shy 29-year-old was not there to party. Now a technology investor based in Singapore, he was attending the launch of Maiplay's Indonesian group-buying website.
+ The Rise of the Tech Start-Ups in Indonesia
The Indonesian start-up community StartupLokal established itself as an entity about two weeks ago.
The community was started in April last year as a medium to gather start-up founders, tech enthusiasts, investors and the media, and has grown to become a prominent networking event. I got the chance to learn more about what its initiators' have in mind for the upcoming years.
+ Internet Users in Indonesia to Triple by 2015: Report
Jakarta. The number of Internet users in Indonesia is expected to triple by 2015, fueling growth for media companies and phone carriers, according to a study released on Wednesday by Boston Consulting Group.
+ Indonesia Tech Boom Tantalizes Venture Capital
JAKARTA, Indonesia - Venture capitalists from Silicon Valley to New York all have the same question about Indonesia's come-from-nowhere tech frenzy: Are the young entrepreneurs that have piqued their interest smart bets or just surfing a hype that will soon burn out.