Plug and Play Indonesia is a startup accelerator focused on Mobile and Fintech. Supported by our corporate innovation platform in Silicon Valley, we aim to build a strong pipeline of high growth technology startups working on digital solutions across various industries.
Over the past few decades, Indonesia has staked its claim in the upper echelon of the world economy. After a wave of political unrest in the nineties, Indonesia has since experience significant growth in its economy and proving to be an attractive marketplace for investors.
Presently, under the reign of President Joko Widodo, the government is set to further boost Indonesia’s development and cement its place in the world’s economy. Through a series of policies, the government prioritizes projects to improve Indonesia’s physical and digital infrastructure. A key initiative is the desire to create 1,000 Technopreneurs in Indonesia by 2020 and to make the country a place for technology startups to flourish.
Indonesia is home to the fourth largest population in the world with a rapidly expanding middle class. More than 70 percent of Indonesia’s internet traffic passes through mobile devices with smart phone penetration at around 40 percent. The country is active on social media and is the 2nd most active country on Facebook and 4th most active country on Twitter.
Gan Kapital is an interconnected network of leading investment companies. Through our group of companies, we seek to build a better community and improve the general quality of life. Gan Kapital owns and directly supervises four independent business units with extensive operation in the fields of infrastructure development, legal and advisory as well as financial solutions.
Plug and Play is a US-based innovation platform and VC that has invested in over 550 startups including Dropbox, Paypal and Lending Club. We are one of the most active early stage investors in the Silicon Valley and have a network spanning 10 countries and 20 cities around the world.