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35 Startups Muster Rp31 Trillion in 2018, says Endeavor Indonesia

21 March 2019 13:09 WIB

TEMPO.CO, Jakarta - Entrepreneurship development consulting firm Endeavor Indonesia reported around 10,100 jobs was created by 35 startups in Indonesia throughout 2018, which managed to generate revenue up to USD 2.2 billion or Rp31.5 trillion.

“This report shows the strategic impact from Endeavor’s movement in Indonesia, and its mission to become the catalyst for Indonesia’s long-term economic growth,” said the firm’s report on Thursday, March 21.

Read also: Indonesia`s Digital Economy in 2018 Largest in South East Asia

Endeavor Indonesia’s impact report of 2016-2018 suggests that the enterprises the company helped assist managed to facilitate more than 2,000 hours of assistance through training and mentoring programs.

Meanwhile, Bukalapak co-founder and president Fajrin Rasyid claims that his company has transformed from e-commerce into a comprehensive business lifestyle.

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