IDX's profile to change as Indonesia's biggest tech startups plan IPOs

IDX's profile to change as Indonesia's biggest tech startups plan IPOs

Photo: Ruben Sukatendel/ Unsplash.com

The IPO (initial public offering) pipeline in Indonesia is looking robust, as a host of technology startups are looking to make their public market debut over the next few months.

Among those in the fray are e-commerce company Blibli, a subsidiary of local conglomerate Djarum Group; and East Ventures-backed micro-retail tech startup Warung Pintar, said multiple sources familiar with the companies’ listing plans.

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