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View all search resultsVenture capital and private equity investments in China totaled $91.6 billion in the first five months of this year, jumping nearly 60 percent from a year earlier, according to ChinaVenture Investment Consulting.
The case centers on US$25 million in investments made between 2019 and 2023 by BRI Ventures and MDI Ventures, the venture capital arms of state-owned firms BRI and Telkom, respectively, into agritech start-up PT Tani Group Indonesia (TaniHub).
As prosecution of digital pioneers has become commonplace, a deeper crisis emerges: a nation that enthusiastically celebrates start-up hypergrowth but lacks the analytical tools to distinguish strategic risk from structural failure.
From the unravelling of eFishery saga to corruption probes ensnaring venture capital executives tied to state-backed funding at TaniHub, the year stripped the gloss from Southeast Asia’s most coveted start-up market.
Indonesia needs coordinated systematic reform to transform its capital markets from a collection of well-intentioned programs into an ecosystem that can facilitate enterprises’ journey from early stage ventures into sustainable public companies.
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