Alpha JWC Ventures expects IPO delays amid market uncertainties

Eko Kurniadi, partner, investment at Alpha JWC Ventures

For Indonesia-headquartered Alpha JWC Ventures, the current market volatility is not conducive enough for portfolio companies to embark on the public listing route yet.

A host of startups that the venture capital (VC) firm had backed in the archipelago has decided to adopt a wait-and-watch policy before going ahead with their planned initial public offerings, Eko Kurniadi, partner at Alpha JWC Ventures, told DealStreetAsia in a candid chat.

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