Exclusive: Kresna-backed DIVA targets raising up to $53m via year-end IDX IPO

Exclusive: Kresna-backed DIVA targets raising up to $53m via year-end IDX IPO

Indonesia Stock Exchange | Photo: Reuters

DIVA, a digital business converter and accelerator startup, backed by publicly-listed investment firm Kresna Graha Investama, is looking to raise up to Rp 800 billion ($53 million) through an initial public offering in November on the Indonesian Stock Exchange (IDX), according to company executives.

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