Indonesia's Tech Unicorns Struggle Amid Funding Shortage and Unclear Exit Strategies
JAKARTA – Indonesia's unicorns, once seen as the rising stars of the tech world with valuations exceeding US$1 billion, are currently navigating a challenging landscape. In recent years, these companies have faced a tightening funding environment, leading some to see a significant decline in their market capitalization after going public.Funding rounds, both for early-stage and late-stage companies,...