Intudo Ventures: Grooming returning overseas talent for an Indonesia-only bet

Indonesia

8 min read

Oct 07, 2021

By Putu Agung Wija Putera

Intudo team members (L to R): Eddy Chan, Ashley Suhalim, Isaura Tjhiater, and Patrick Yip ©Intudo Ventures

Combining the experience and networks of foreign-educated Indonesians with local distribution channels, Intudo’s hyperlocal strategy has attracted $200m in managed assets

The Intudo Ventures website tells you that it’s an “Indonesia-only fund,” investing in companies that operate in Indonesia. Founding Partner Eddy Chan has a more colorful way of putting it: Intudo Ventures is a “nasi goreng-only” fund, referring to Indonesian-style fried rice.
“It’s a one-dish strategy,” Chan told CompassList in an interview. “We don’t have tom yum or pad thai or Vietnamese pho, and we’re not a Southeast Asian buffet.”
With Indonesia contributing nearly half of Southeast Asia’s GDP and population, any prospective regional unicorn would likely want to access its mar...

The rest of the content is only available if you are logged in.

DATABASE

INSIGHTS

RESEARCH & ANALYSIS

FOLLOW US