Indonesian startups are still attractive as investment targets

Liputan6.com, Jakarta – Endeavor Catalyst, a global venture capital affiliated with Endeavor, succeeded in occupying the position of the most productive early stage investor in the world in the Fund Returners Index of 50 venture capitals.

Endeavor Catalyst managed to outperform venture capital giants such as Tiger Global and SoftBank, based on Kauffman Fund Returners Index data for the period January 2016-July 2024.

Endeavor Catalyst achieved this brilliant achievement by successfully producing 59 unicorn companies, 13 unicorn exits, and a total exit valuation of USD 24.36 billion.

In an official statement received, Saturday (30/11/2024), one of Endeavor Catalyst’s focuses is indeed developing markets, especially Indonesia. Considering the increasingly fertile startup ecosystem, Indonesia has great potential for investment.

Even though globally in 2023, there will be a significant decline in venture capital funding, developing markets such as Indonesia continue to show great potential as new innovation centers

“Even though it is difficult to return to aggressive funding like in 2021, developing markets like Indonesia have the potential to become centers of innovation and growth in developing markets,” said Endeavor Indonesia Executive Director Devina Hartono.

The success of Endeavor Catalyst does not only come from the number of unicorn startups successfully printed, but also from a very selective approach in selecting startups.

Endeavor Catalyst only invests in companies led by Endeavor Entrepreneurs, namely entrepreneurs who have gone through a strict selection process and have high growth potential.

Apart from that, Endeavor Catalyst also focuses on capital efficiency, business profitability and cross-sector innovation. This approach has proven effective in producing companies that are not only large, but also have a positive impact on society.