On-demand ride provider Gojek has teamed up with accelerator operator Digitaraya for an Indonesia-based initiative intended to jump start the growth trajectory of 20 local businesses, Gatra has reported.
Gojek Xcelerate is a six-month scheme that will prioritise businesses with the potential to have a beneficial effect on the Indonesian economy.
The accelerator is working with partners including internet technology provider Google’s Developers Launchpad, financial services firm UBS and consulting firm McKinsey & Company to draw up outlines for the process according to e27, which reported that it plans to select 20 participants.
Gojek is currently raising up to $3bn in an ongoing series F round that includes Google as well as internet group Tencent, e-commerce firm JD.com, conglomerates Astra International and Mitsubishi, banking firm Siam Commercial Bank and payment services firm Visa.