Funding activity slowed & investable startups decreased in H1, Indonesia's top VCs say

Funding activity slowed & investable startups decreased in H1, Indonesia's top VCs say

Photo: REUTERS/Garry Lotulung

VC funding activity in the Indonesian startup market slowed in the first half of 2017, many local VCs observed, noting a ‘significant’ decrement in the number of investable startups, during a panel discussion that was hosted by East Ventures, an early-stage investment firm, that was part of the recently announced $500 million fundraising round in Traveloka.

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