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ARTICLE · 22 APRIL 2022

Indonesia Tech Deals Vol. 4 I April 2022

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n continuation to our previous Tech Deals series (Tech Deals Vol. 1, Vol. 2 and Vol. 3), we provide herein, the recent tech deals completed between the period of 1 January and 31 March 2022...

IndonesiaTechnology
Marshall Situmorang
Marshall Situmorang
Audria Putri
Audria Putri
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In continuation to our previous Tech Deals series (Tech Deals Vol. 1, Vol. 2 and Vol. 3), we provide herein, the recent tech deals completed between the period of 1 January and 31 March 2022, and our commentary regarding the same.

During this period, the completed start-up and tech investments are quite diverse. They consist of companies in different sectors of technology. In addition to the usual investments, we get to see the GoTo Group's IPO during this period. It was dubbed as one of the largest IPOs in Asia this year. The GoTo IPO was also the first one that utilized the multiple voting shares (MVS) scheme, which will likely attract more tech unicorns and decacorns alike to go public in Indonesia (please see section III of this Tech Deals Vol. 4 for our commentaries on the IPO stage of Indonesian Tech Companies).

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