Established in 1996, Celebes Capital (PT Celebes Artha Ventura) is a venture capital fund mostly operating as a venture builder but also has the flexibility to invest as minority shareholders. Initially formed as a stock investing company, it did not begin private investing until 2000.It was founded and is headed Hendrick Kolonas, who currently serves as its CEO and President Commissioner. Kolonas spearheaded the company's investments into financial services business including SMS Finance, Jaya Proteksi Insurance, Pan Pacific Insurance, as well as the automotive distribution and mining industry.Kolonas founded and managed Bank Tiara, and spearheaded its public offering within 4 years from founding. In 1998, Kolonas became the CEO of PT Adijaya Guna Satwatama, a privately owned integrated agribusiness company for a number of years.With colleagues, Kolonas founded PT Wahana Ottomitra Multiartha, whose business is in motorcycle consumer financing. The company went public in 2007 and sold to a group of consortium of PT Bank Internasional Indonesia (BII) and the International Finance Corporation (IFC).Kolonas also contributed to Japfa Comfeed Group as a Head of International Division. The Group is based in Singapore and its main business is consumer foods and agribusiness industry. At the present, he sits on the Executive Committee of Japfa Comfeed Group.Kolonas holds a Bachelor of Arts degree with honours in Accounting and Finance from Middlesex University, England and a Masters in Business Administration from University of Hull, England.Kolonas' daughter, Marcellina Claudia Kolonas, founded the investment fintech Pluang.
Founded in 2010 by Martin Hartono, son of Indonesia’s richest man Robert Budi Hartono, GDP Venture is a venture capital firm focused on digital communities, and media, commerce and solution companies in the Indonesian consumer internet industry.