Indonesia's on-demand startups still ‘hot items’: Fenox Ventures

Indonesia's on-demand startups still ‘hot items’: Fenox Ventures

Logo from the company website

With Go-Jek attracting $550 million in funding last week, this has further enforced the notion that Indonesian startups are fertile ground – thanks to its growing population of young internet users. This leads many market watchers to predict several existing startups that are catering to the country’s on-demand economy could also be on their way to becoming unicorns.

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