Indonesia’s startup ecosystem faces funding crunch in 2024, but CVCs emerge as a viable lifeline

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Indonesia’s startup ecosystem faces funding crunch in 2024, but CVCs emerge as a viable lifeline - e27

Quick Summary:

Indonesia’s once-vibrant startup ecosystem endured a sharp contraction in 2024, with funding activity slowing to its lowest level in recent years.

This dramatic downturn reflects broader global caution in venture capital (VC) spending, but also highlights local challenges unique to Southeast Asia’s largest economy.

Moderated by Shilpa S Nath, Founder of What The Fail, and featuring Eddi Danusaputro, CEO of BNI Ventures, the conversation will explore new strategies for sustainable growth, the evolving role of institutional investors, and what it takes to build resilience in uncertain times.