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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.
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El fondo de riqueza soberana de Indonesia INA se asocia con Granite Asia para invertir $1.2 mil millones en tecnología.