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Today's Headlines Startups Indonesia

  • Indonesia Among Least Attractive Markets for Startups & Venture Capital

    Indonesia Among Least Attractive Markets for Startup & Venture Capital

    Indonesia has a thriving digital economy due to the huge population that is increasingly connected to the Internet. Meanwhile, growth still comes from a low base and therefore there are plenty of foreign and domestic investors ready to invest in Indonesia's digital economy, for example through capital injections in startups.

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  • Google & AT Kearney Positive about Indonesia's Startup Market

    Google & AT Kearney Positive about Indonesia's Startup Market

    American multinational technology company Google and American global management consulting firm AT Kearney completed a joint study and released a report, titled "Indonesia Venture Capital Outlook 2017", that shows Indonesia's startup market is thriving - albeit coming from a low base. Financial technology is regarded the top category for future investment.

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  • Can Indonesia Become the Silicon Valley of Southeast Asia?

    Can Indonesia Become the Silicon Valley of Southeast Asia?

    In June 2016 the "1,000 digital startup movement" was launched by Indonesia's Communication and Information Ministry in cooperation with KIBAR, the nation's technology startup ecosystem builder. This government-backed program targets to see 1,000 startups in the digital economy by the year 2020 with a combined valuation of USD $10 billion. Considering that digitalization has been a key trend around the globe (covering basically all aspects of life), Indonesian authorities want this sector to boom in Indonesia as well, which would also make the whole economy more efficient.

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