Want to invest in Indonesian startups? Show $3.6m in paid-up capital, tie up with local partner & obtain licence

Want to invest in Indonesian startups? Show $3.6m in paid-up capital, tie up with local partner & obtain licence

Visual from the OJK website

Want to be a Venture Capital (VC) firm or investor in Indonesian startups? Aspiring venture capitalists will now be required to have a paid up capital Rp 50 billion ($3.6 million) to operate in this space.

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