Sinarmas Land's Unit Invests in DCT Agency

startup business
Summary

Sinar Mas Land's Living Lab Ventures (LLV) launched Pre-Series A funding with other investors for creative startup DCT Agency, Sinar Mas Land Chief Transformation Officer Mulyawan Gani said, without disclosing the value. According to him, LLV funded DCT Agency for its great potential. "The potential of the creative industry and startups in Indonesia is huge, so it has the opportunity to drive national economic growth," Mulyawan said on Wednesday.

LLV has invested in startups SWAP Energy and Doogether and incubated marketplace startup KlikGazz. The venture capital firm focuses on three aspects when launching funding: smart technologies, digital life, and mobility. DCT Agency is a startup engaged in talent management and digital advertising to support corporate branding in line with the digital life and smart technology aspects.

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