Indonesian early-stage VC firm SALT Ventures begins raising $20m second fund

Indonesian early-stage VC firm SALT Ventures begins raising $20m second fund

(Left to right): SALT Ventures partners Vincentius Prasetyo, Andika Sutoro Putra, Danny Sutradewa, and Bong Chandra.

Indonesian early-stage venture capital firm SALT Ventures has kicked off a roadshow to raise capital for its second fund, which is targeting a corpus of $20 million.

In an exclusive interaction with DealStreetAsia, SALT partner Danny Sutradewa said the firm launched the fund at the start of the year and has already received commitments from a few LPs, but it is in no rush to close the fund. “We usually give ourselves a period of around one-and-a-half to two years to close the fund,” he said.

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