Starventure, an investor unicorn, aims to invest in more early-stage startups in Indonesia, offering resources and expertise to help startups become global players.
Jeremia Michael Sutandy, Co-Founder of Starventure, said that the company provides access to startup leaders with business networks, investment opportunities, as well as strategies and business plans for greater business growth.
“We believe that support and guidance from the beginning can make businesses stronger with faster growth, making them scalable and investable,” Michael said in a press statement on Tuesday, April 23, 2024.
Starventure will identify business ideas with the potential for high growth and significant impact, thus providing investment opportunities. The venture builder proactively accelerates the development of innovative business ideas for validation.
Michael emphasized that business idea validation is a crucial step before execution into products and services. To conduct analysis and verification, Starventure will involve established business players from similar industries as mentors.
“Starventure brings together business players, investors, and experienced mentors in a healthy and supportive ecosystem,” Michael said.
This ecosystem provides a structured framework and shared resources, enabling Starventure to accelerate the development of ideas into products or services and launch them into the market faster.
Early-stage startups will receive comprehensive guidance, aiming for a growth rate of 5- 20 percent per month.
“Therefore, Starventure does not limit itself to specific business sectors, focusing instead on scalability,” Michael said.
He stressed that Starventure focuses on providing benefits and added value to other businesses.
According to its official website, Starventure already has several portfolios, including eFishery, a fisheries startup, investment startup Bibit, Kapanlagi Network, and game startup Touchten.
