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In what is seen as a tightening of norms for the venture capital industry, Indonesia’s Financial Services Authority or OJK has indicated that overseas VC firms would be asked to forge joint ventures with local companies. “There are rules for local companies, so the foreign ones must also follow the rules. We… Read more »
The post Indonesia to tighten norms for foreign VCs; wants them to form JVs with local firms appeared first on DealStreetAsia.