Indonesia is a mobile first country. With a huge domestic addressable market and 95 million smartphone users, its no wonder that the home-grown innovation and technology startup scene is thriving. Despite a complex regulatory environment and some false dawns in terms of government support, established VCs are actively investing.
This infographic from TechinAsia documents the growth of the startup ecosystem, noting particular exits and putting numbers to the critical factors that support its rise.
Join MEF for the next MEF Mixer networking event at the Pullman Jakarta on January 19th. Attended by MEF members from the region, invited guests, the event will bring together senior mobile executives for an evening of networking. RSVP here.