Convergence Ventures


Convergence Ventures is an Indonesia based venture capital firm. The firm invests primarily in early stage funding in the emerging markets and start-ups which build technology products and internet services with a primary focus on Indonesia. The firm was founded by Adrian Li and joined by Partner Donald Wihardja in November 2014. The company manages a US$25 million fund with LPs from Indonesia, China and the US.

History

Convergence was founded by Adrian Li in 2014 in Jakarta, Indonesia. The firm focuses on early stage companies primarily in digital media, digital commerce, O2O and enabling technologies and invests at Pre- Series A to Series B stage. Up to end of 2015 the fund had announced 9 investments in Indotrading, Female Daily Network, Qraved, MalesBanget, Paktor, Adskom, YesBoss, MoneySmart and Ematic Solutions.
In November 2015, Convergence Ventures announced a strategic and financial partnership with Baidu.

Areas of Investment

Convergence Ventures focuses on the following areas of investment: