Indonesia
Twenty-one sessions, and 13.5 hours of vital discussions.
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Last year, Xendit raised $150m led by Tiger Global that pegged its valuation at over $1 billion.
Tech will be the big enabler of Indonesia’s next phase of growth.
About 57 million of the country’s small businesses are still offline.
There are also challenges like supply chain constraints, labour, and tax issues.
What panelists said on clean tech investments at the Indonesia PE-VC Summit.
“Less than 40% of the local population is financially literate.”
This is not the time to launch an IPO, she advised.