Ecosystem Roundup: Indonesia to launch Temasek-style fund | High-profile startup failures in SEA | Wavemaker sets up US$60M growth fund

Q: How long will it take to read this news story?

The story "Ecosystem Roundup: Indonesia to launch Temasek-style fund | High-profile startup failures in SEA | Wavemaker sets up US$60M growth fund" has 1014 words across 1 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Ecosystem Roundup: Indonesia to launch Temasek-style fund | High-profile startup failures in SEA | Wavemaker sets up US$60M growth fund" was covered 11 hours ago by e27, a news publisher based in Singapore.

Q: How trustworthy is 'e27' news outlet?

e27 is a fully independent (privately-owned) news outlet established in 2006 that covers mostly startups and technology news. The outlet is headquartered in Singapore and publishes an average of 12 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23598777</li><li>URL: https://beamstart.com/news/ecosystem-roundup-indonesia-to-launch-173165083058</li></ul>

e27 Logo e27 11h ago

Quick Summary:

President Prabowo Subianto’s vision draws inspiration from successful sovereign funds like Singapore’s Temasek, aiming to streamline and enhance the profitability of Indonesia’s SOEs while attracting global investment.

Dear reader, The establishment of Danantara, Indonesia’s ambitious national investment agency, signifies a key shift in how the nation intends to manage its substantial state-owned assets.

Although overlaps with the Indonesia Investment Authority (INA) raise some concerns, Danantara’s envisioned autonomy could set it apart, focusing purely on profit-driven state investment.