Wealth fund INA and VC firm Granite plan to invest $1.2 billion in Indonesia tech

By Yahoo! Finance | Nov 3, 2024 at 09:09 PM EST

Indonesian sovereign wealth fund INA and Granite Asia venture capital will invest $1.2 billion in Indonesia's tech sector and related businesses. The joint investment will involve equity and hybrid capital, without specifying the distribution or beneficiaries. Founded in 2020, INA collaborates with investors for Indonesian assets.

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