Field notes

Indonesia set to spawn more unicorns

Govt pushes for more local tech start-ups, as digital economy is poised to lift growth rate

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The country is home to four unicorns or tech start-ups worth at least US$1 billion (S$1.3 billion). The Straits Times speaks to founders of four other start-ups. Could they be the next unicorns?
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Think Indonesia and animal, and the komodo dragon may come to mind.

But the country is also associated with a much rarer creature.

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A version of this article appeared in the print edition of The Straits Times on April 21, 2018, with the headline Indonesia set to spawn more unicorns. Subscribe