Indonesia's Emtek Group open to external funding for its video-on-demand service

Indonesia's Emtek Group open to external funding for its video-on-demand service

Emtek Group vice-president Sutanto Hartono. Photo: company document

The Indonesian media and technology conglomerate Emtek Group is open to raising external funds to enhance its popular video-on-demand (VOD) platform Vidio, a top executive told DealStreetAsia. And as demand for video-on-demand grows, Emtek is looking to build more partnerships to enrich its content and reach more users.

“Currently, Vidio is our own. However, suppose we want to accelerate its growth, we will welcome [external] funding,” said Sutanto Hartono, vice president-director at Emtek group.

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