With this round of investment, NDR will establish a joint venture in China with MicroPort Urocare, a subsidiary of MicroPort, bringing NDR a step closer to entering the China market
The new fund which is targeting an Rp300 billion first close from third-party limited partners is now welcoming institutional backers and other investors who seek to help Indonesia's tech ecosystem
The fintech will utilize the fund to expand its customer base in Singapore and accelerate its growth, first across southeast Asia followed by the rest of Asia