Indonesia, Granite Asia partner for $1.2b tech boost

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Indonesia, Granite Asia partner for $1.2b tech boost

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The Indonesia Investment Authority (INA) and investment firm Granite Asia have formed a strategic partnership to invest in Indonesia’s technology sector.

The partnership plans to allocate up to US$1.2 billion.

This funding will come in the form of equity and hybrid capital solutions aimed at supporting Indonesian businesses and those with major operations in the country.

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