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Echelon X: Nurturing the next unicorn in Indonesia’s tech ecosystem

The Echelon X fireside chat titled ‘Chasing Unicorns: The Next Play in Indonesia’s Tech Investment and Ecosystem’ provided a glimpse into the dynamic landscape of Indonesia’s tech startup scene.

The session explored the conditions and environments needed to locate and nurture the next unicorn, highlighting the wealth of opportunities and challenges for investors, entrepreneurs, and ecosystem builders alike in one of Southeast Asia’s fastest-growing economies.

Moderated by Anisa Menur A. Maulani, Editor at e27, the fireside chat featured Nicko Widjaja, Chief Executive Officer of BRI Ventures.

The conversation delved into the critical factors shaping Indonesia’s tech investment landscape. Widjaja shared insights into the key elements that investors should consider when seeking to identify and nurture potential unicorns.

He emphasised the importance of understanding Indonesia’s unique market conditions, including its burgeoning middle class, increasing digital adoption, and the government’s supportive stance on tech innovation. Widjaja also discussed the role of ecosystem builders in fostering an environment conducive to startup success.

As the country continues to grow as a key player in Southeast Asia’s tech landscape, the insights shared in this discussion will be crucial for stakeholders looking to make informed decisions in this promising market.

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