Regardless of the difficult environment the COVID-19 pandemic has developed for start-ups seeking to raise funds, investors have signaled there is still a hunger to invest in Indonesia, albeit with more computations involved. Throughout a webinar hosted by The Jakarta Post in August, Sequoia Capital Singapore managing director Abheek Anand kept in mind that Indonesia was one of the few big economies in the area that could support multiple stand-alone domestic services that made sense for large financiers like Sequoia to invest in, suggesting that the nation’s capacity for start-up growth lay in its ever-expanding domestic market. “The reality is that the total dollar of venture capital that is coming in for start-ups in Indonesia is far more than what’s coming into any other country in Southeast Asia,” Anand said. According to information from start-u …
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