There’s lots of room for Indonesian e-commerce players to grow, says Indies Capital’s Sjahrir

Pandu Sjahrir, co-managing partner at Indies Capital

The COVID-19 pandemic has given a fresh impetus to secondary deals in the venture capital market. Prized assets are available in Southeast Asia’s secondary market at a discount as existing investors are eager to cash out and pay their limited partners.

Making the most of this opportunity is the Singapore-based alternative asset manager Indies Capital. Since end-March, the company has done three secondary transactions in big companies. The flow of secondary transactions has been quite strong since early this year in Southeast Asia,” said Pandu Sjahrir, co-managing partner, Indies Capital.

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