Exclusive: Global Founders Capital to invest up to $10m in Indonesia by year end

visual taken from the page of Global Founders Capital ( May 2017)

Venture capital firm Global Founders Capital (GFC) – the venture arm of Berlin-based technology incubator Rocket Internet – is in talks to close 3-5 deals in Indonesia and expects to invest up to $10 million in the country by 2017-end, an executive told this portal.

Rocket Internet, founded by the Samwer brothers, recently raised a $1 billion fund, which is estimated to be the biggest tech fund of any venture capital firm in Europe till date.

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