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Wednesday, 29 April 2020 17:10

Three Indonesian start-ups enroll in Sequoia Capital acceleration program

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Sequoia Capital India has chosen 15 start-ups from Southeast Asia and India to participate in its third acceleration program, Surge 03. Three of the 15 are Indonesia-based early-stage start-ups, namely a bookkeeping application for small and medium enterprises (SMEs) BukuKas, edtech platform CoLearn and cloud kitchen service Hangry. Meanwhile, the other start-ups are from India, Singapore and Vietnam, with businesses in the software as a service (SaaS) sector as well as development tools, education, health and food and beverages. Surge and Sequoia Capital India managing director Rajan Anandan said in a written statement recently that the capital firm had been working with start-ups from Indonesia, Singapore and Vietnam in two of its previous cohort programs. According to Rajan Anandan, the start-ups ecosystem in Southeast Asia is growing rapidly along with the development of its digital and mobile first economy//JP

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