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Introducing the State of the Electric Vehicle 2022 report

A report on Indonesia and India – the next key markets in Asia

Disrupting Indonesia’s Healthcare Model

As Southeast Asia’s largest and fastest growing economy, Indonesia needs to prioritise healthcare for its over 275 million citizens to retain its growth momentum. The country’s high maternal and infant mortality rates, for instance, pose a significant challenge if it seeks to reap the benefits of its demographic dividend.

While the government works on multiple fronts to overhaul the healthcare system, private sector participation could prove imperative to plugging gaps and delivering a meaningful impact, finds a report by SALT Ventures and DealStreetAsia. The view is further strengthened by the results of a survey conducted among mothers and pregnant women in tier 1 to tier 4 cities. Cost and distance from the nearest healthcare centre are significant barriers for most in availing services, the survey found.

Private investors have pumped in at least $2.2 billion in the last three years into the country’s healthcare and health technology companies, indicating a growing interest in the segment. With the market projected to grow to $40 billion by 2025, there remains a large opportunity for the private sector to disrupt Indonesia’s healthcare system. 

Why investors should clock to Indonesia’s healthcare sector

Healthcare in Indonesia is at crossroads. The country is nearing the 300 million population mark, of which more than 60% are in the working-age population. After surviving the COVID-19 pandemic, the economy is on an upswing. Rising income levels combined with a large and vibrant working population is spurring demand for higher quality consumer healthcare services.  The time is opportune for the private sector to step in and disrupt the country’s healthcare system with innovative business models.

A prime example of how this disruption is playing out is SALT Ventures portfolio company Kehamilan Sehat’s approach to tackling some of the pertinent challenges that Indonesia’s healthcare system faces today. With specific focus on making quality maternity care available and affordable for all, via its chain of world class but cost efficient maternity care clinics, Kehamilan Sehat is on its way to solving a critical problem for Indonesians.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.