3rd Global KDB NextRound has successfully led to a better cooperation between Indonesia and Korea

Jakarta, 18 September 2019 - Korea Development Bank (KDB) spearheads a global play to technology advancements and supports startups to prepare for the future landscape through its market-type venture investment platform called ‘KDB NextRound’. The third Global KDB NextRound was held in UnionSPACE, Satrio Tower, 16th Floor, Jakarta, Indonesia.

The Event was a true success and brought together over 150 persons, which are leading investors from South Korea, high-level representatives from the Indonesian government and regulating bodies, and fast-growing Indonesian and South Korean startups. This flagship event takes place every six months in different parts of the world to provide Investor Relations opportunities and for foreign investors to be introduced to promising Korean and local startup companies.

The event was kicked off with an opening remark by Mr. Chang, Byoungdon, Vice Chairman of Korea Development Bank (KDB), followed by a moving keynote address from Mr. Rudiantara, the Indonesian Minister of Information and Communication Technology, and forward-looking updates from Mr. Hendrikus Passagi, Director of Fintech Regulation, Permission and Supervision of Financial Services Authority (OJK) and Mr. Imam Soejoedi, Director of Investment Promotion of Investment Coordinating Board (BKPM). Kejora and InterVest also shared insightful presentations on the investment ecosystem in Southeast Asia, followed by a round of concise introductory presentations by successful startups from South Korea and Indonesia such as C88, SiCepat, SmartStudy, DIVA and Aizen Global.

Mr. Chang, Byoungdon, Vice Chairman of Korea Development Bank (KDB) said that “The third Global KDB NextRound, cohosted by Kejora and InterVest was a very successful event and brought great value to every participant. We are grateful that the event continued the streak of positivity and successfully increases the potential of cross-border Investment in the Tech Ecosystem between Indonesia and South Korea.” 

“We are honored to cohost this event and we’re grateful of all the partners and attendees,” stated Andy Zain, Kejora’s Founding Partner. “We are convinced that the event can fundamentally improve the ecosystem, marking a strong beginning of a more sustainable and meaningful partnership between Indonesia and South Korea”.

Besides from all insightful presentations, the Startup Exhibition Area also gave a chance for startups to exert their products and services to the attendance, to meet investors and to grab potential opportunities in the near future.