Indonesian VC firm Intudo raises $125M across two funds | TechCrunch
Briefly

"In Taiwan, it's semiconductors going to the world. In Japan, electronics used to be prevalent. In Israel, it's cybersecurity... In Indonesia, we need to find more gold in aquaculture shrimp [farming]," Chan said.
"I think winning in Southeast Asia [requires] a small fund size and significant ownership... the market is currently dominated by many peers with $200 million or $300 million funds, but with ownership targets of only 10% to 15%," he said.
"Many of the funds in the market are Indonesia-focused, but we make the distinction that we're Indonesia only. 100% of our fund's investment is in Indonesia," said Patrick Yip.
Read at TechCrunch
[
|
]