BRI Ventures to Launch a New Fund "Sembrani Kiqani", Targeting D2C Sector
Aside from consumer brands with a D2C business model, this fund also targets the blockchain industry
After launching the Sembrani Nusantara Venture Fund last year which focuses on early-stage startups funding, BRI Ventures (BVI) is to launch another investment vehicle named "Sembrani Kiqani".It is still targeting the early-stage startups, but rather focuses on consumer brands targeting the direct-to-consumer (D2C) sector.
BVI's CEO, Nicko Widjaja, in his opening remarks at the BRI Ventures Networking Day (23/11) mentioned the potential of the D2C sector growth in Indonesia for the fashion, F&B, and beauty segment. He said, this sector is capable to drive the current industry, especially amidst the economic recovery from the Covid-19 pandemic.
DS Premium Content
Become a DailySocial.id Subscription, you can get unlimited access to discover the best minds of innovation and to perceive the finest tech journalism products in Indonesia. Learn more
Single Article
Anytime access. But, only this article.
Starting at
Rp 3k - 7k /Article
Subscription
Unlimited access premium article.
Starting at
Rp 150k - 1,033k
Login or create account to access premium content
Sign up for our
newsletter
Review Order
Monthly
Rp 150.000
Payment Details
Subscribe Monthly
Total Payment
By clicking the payment method button, you are read and
agree to the
terms and conditions of Dailysocial.id