Raising $50m second fund, Indogen Capital seeks more international partners and exits

Chandra Firmanto (L) and Hendry Willy, partners of Indogen Capital

Cooperation is key to Indogen’s investment thesis, as it looks to help more foreign VCs and their portfolio startups find success in Southeast Asia’s biggest market

Indonesia, Southeast Asia's most populous country, is an attractive market for startups in the region, even beyond. Aware that foreign players lack the knowledge, experience and connections needed to succeed in a diverse and fragmented market such as Indonesia, local VC Indogen Capital has been helping foreign startups and their investors to enter the market.The Jakarta-based VC was established in 2017 to seize that opportunity: lend a hand to foreign VCs seeking to help their invested companies expand to Indonesia. Malaysian used car marketplace Carsome, Singapore coworking space operator Spa...
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Edited by Bernice Tang

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