Of the four batches of SSI that have been implemented, 30 to 40 percent of each batch have received initial funding after participating in the incubation program.
Its shares will trade under the stock code GOTO.
Crowde was first born upon concern related to production inefficiency, regeneration crisis, and limited access to capital faced by farmers in Indonesia.
Previously, Infokost.id was part of Djarum Group-owned venture builder GDP Venture.
The Ministry looks to focus the funding for local startups to ensure the soon-to-be unicorns continue their operations in Indonesia.
