ADVERTISEMENT

Tech unicorns lead VC upsurge to Indonesia


INDONESIAN ride-hailing company Go-Jek raised US$2mil during its first round of venture capital (VC) financing in mid-2014.

Two years later on Aug 4, 2016, Go-Jek secured US$550mil from a VC consortium to become the country's first technology unicorn and inadvertently opened the floodgates to VC financing.

unicorn , venture capital , startups

   

ADVERTISEMENT