Exclusive: Alpha JWC, Insignia invest in Indonesian media startup Nusantara

Exclusive: Alpha JWC, Insignia invest in Indonesian media startup Nusantara

Nusantara co-founder and CEO Steven Wongsoredjo.

Indonesia-focused venture capital firm Alpha JWC Ventures has led a Series A funding round for media startup Nusantara Technology to help it diversify and deepen its content platform.

Financial details were not disclosed, but the Jakarta-headquartered firm said it had invested a “significant amount”. Singapore-based Insignia Ventures Partners also joined the round.

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