Jakarta, CNBC Indonesia – The Merah Putih Fund leaked the startup particulars about potential recipients of the following fund. This was conveyed by PMO Chief Eddi Danusaputro.
The three way partnership capital establishment beneath BUMN is focusing on round 20 or 30 startups. Nevertheless, Eddi didn’t particularly point out the names of the startups on the listing. .
“There’s already a pipeline, there are 20 or 30 startups which might be focused. [Tapi] We won’t title a or b as a result of later the valuation can go up,” stated Eddi when met in Jakarta, Friday (14/7/2023).
The startup sector that’s focused is agnostic, ranging from monetary expertise aka fintech, logistics, fisheries, to plantations or agritech.
Eddi said that the Merah Putih Fund has IDR 4.7 trillion and continues to be within the fundraising stage.
“[Pendanaan] “From the IDR 4.7 trillion managed fund, I can not say how a lot this 12 months I need to put money into, how a lot cash, what number of sectors,” he stated.
He additional defined the factors for startups to be funded, particularly, one, the founder is an Indonesian citizen. Second, the operation of the corporate is in Indonesia. Third, there’s a plan to exit in Indonesia and the valuation is soon-to-be unicorns.
“So the valuation is roughly US$ 200-300 million.” he concluded.
[Gambas:Video CNBC]
(fab/fab)
