Indogen Capital eyes new growth fund of $100m as foreign tech investors stay keen on Indonesia

With its Japanese investment partner Striders, Indogen plans to boost growth-stage funding in Indonesia and open doors for portfolio companies to new markets in East Asia.

Investors are unfazed by the ongoing Covid-19 crisis in Indonesia, and are still sourcing for deals in the country’s fast-growing startup ecosystem, according to local VC Indogen Capital. The firm is considering launching a new growth fund potentially worth “at least $100m” in early 2022 to invest in Series B and above rounds. 

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