Indonesia's sovereign wealth fund INA partners with Granite Asia to invest $1.2 billion in tech.

Indonesia's sovereign wealth fund, INA, has partnered with Singapore's Granite Asia to invest up to $1.2 billion in the country's technology sector. This collaboration aims to boost growth in Indonesia's digital landscape through a combination of equity and hybrid capital investments. While specific allocation details and timelines are not provided, this initiative follows INA's recent investments in infrastructure projects. Granite Asia manages assets totaling $5 billion.

November 04, 2024
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