1. Startups

Teja Ventures Completes Closing of First Managed Fund of IDR 143,6 Billion

In the process of finalizing the second funding in the near future

Present as venture capital which has a gender lens focus, Teja Ventures  announced that they had completed their first funding round. The value of the managed funds received is around $10 million or around 143,6 billion Rupiah. Funds obtained in the amount of family office in Asia.

To DailySocial.id, Teja Ventures partner David Soukhasing revealed, with this fresh fund, his party has plans to support the 18 portfolios that they currently have.

"Especially because some of them are currently experiencing business growth and in the process of finalizing a fundraising event, where Teja Ventures is leading the funding," said David.

Platforms like Cycle, Binar, Riliv, Burgreens, Lifepack, Green Rebel, Klikdaily are startups that have been funded by Teja Ventures. They are currently in the stage of finalizing their second funding and claim to have received support from investors.

Teja Ventures claims to be venture capital the first to commit to investing with a gender lens across Asia. Countries such as China to Southeast Asia are their target markets. While the targeted startup category is in the field of financial inclusion/fintech, consumption, edutechand new economy.

Support women-owned businesses

Also known as the Managing Director of ANGIN, David and his partner Virginia Tan, who is also a client of ANGIN, founded Teja Ventures. The funding provided by Teja Ventures targets companies that have: impact positive in the demographics of women as consumers as part of supply chain and overall as an economic driver in their business model.

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Even though it claims to be a gender investor lens, this concept does not only support female startup founders. It is possible that male startup founders can also be eyed by Teja Ventures, what needs to be considered is that they must understand and effectively capture female users.

"We are pleased to see that some investors are now incorporating this mindset into their investment theses and we see it will lead to more opportunities for investment. stairs, capital flows, and the impact of gender in Indonesia," said David.

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