TLDR:
– Indonesian venture capital firm Indogen Capital recommends startups to go public in Tokyo due to surging shares on the Japanese market.
– Managing Partner, Chandra Firmanto, suggests that the Tokyo Stock Exchange is now a prime option for IPOs in 2024.
Indonesian venture capital firm Indogen Capital is advising startups to go public in Tokyo as shares traded on the Japanese market are surging this year. Managing Partner Chandra Firmanto suggested that the Tokyo Stock Exchange is now a prime option for IPOs in 2024, even better than the Nasdaq or the New York Stock Exchange. The Japan Exchange Group, which operates the Tokyo Stock Exchange, has seen an increasing number of inquiries from Southeast Asian startups considering IPOs.
