In the past year, Indonesia has seen the emergence of many new players in the venture capital space, including a few that have been keeping a low profile. Among them is Jakarta-based Arkblu Capital, which invests both directly and indirectly in the country’s startups.
Though it makes venture capital investments, Arkblu describes itself as a ‘private investment firm’ rather than a VC firm, as its structure is akin to a family office.