AAA BRI Ventures accelerates with startups

BRI Ventures accelerates with startups

BRI Ventures, the corporate venturing unit for Indonesia state-owned financial services firm BRI, has launched an accelerator with financial technology provider Fazz Financial and local venture capital firm Prasetia Dwidharma as operating partners.

The accelerator, Sembrani Wira, has selected nine startups to join its inaugural eight-week programme: GajiGesa, Biteship, MYCL, CookLab, Gredu, Restock.id, Minapoli, Tumbasin and Brick.io.

Nicko Widjaja, CEO of BRI Ventures, said: “One of the important things on our agenda is to help founders not only to get product-market-fit but also go beyond. So, we will discuss with the founders to see what is their goal and help them to draw back on what they have to do to reach that goal.”

By James Mawson

James Mawson is founder and chief executive of Global Venturing.