In Indonesia, crisis gives birth to a new bunch of tech mafia

In Indonesia, crisis gives birth to a new bunch of tech mafia

Photo by Jason Goodman on Unsplash.

As Southeast Asia’s largest economy, Indonesia has seen the birth of more than 10 unicorns over the past decade. It is home to some of the biggest tech startups such as GoTo, Bukalapak and Traveloka. Founded between 2009 and 2012, these companies have produced dozens of so-called “tech mafia,” a term used for former executives who quit to build their own tech firms.