BRI Ventures Will Distribute Dividends to Sembrani Nusantara Investors
Several portfolios from the Sembrani Nusantara Venture Fund are said to have pocketed net profits with competitive yields
BRI Ventures (BVI) announced that it will distribute dividends to Sembrani Nusantara Venture Fund investors following the net profit performance obtained by several of its investment portfolios. Dividends will be shared with yield ranging from 12% -14%.
BRI Ventures Co-Founder and CEO Nicko Widjaja said that the Sembrani Nusantara portfolio showed positive performance despite the uncertain market situation in recent years. The startup industry experienced a fantastic increase in valuation in 2021, but since last year investors have started to focus on profitability.
"Of course challenging, but message we are clear that we want to build a venture industry in Indonesia. We can't fundraising to support the company, but to provide funding for company expansion. We want to restore confidence in the startup industry so [the portfolio] has to be profits," Nicko said at the BVI Media Luncheon, Wednesday (24/5),
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