The top candidate to lead Indonesia’s newest state-owned VC firm

More: Harmony’s Horizon bridge falls victim to hackers, and SoftBank eases up on deals after reporting a large net loss for the recent fiscal year. [Read from your browser]( Daily Newsletter Hello {NAME} I used to be part of a rock climbing team in school, and one of the things I wondered about was why we had a team captain. At the time, I thought climbing was a relatively individual sport and that competitions didn’t require much coordination or teamwork. However, I realized that being a leader isn’t just about being a figure the team could rally around. They also have to handle other responsibilities, including liaising with different parties, figuring out the direction of the team, and generally being responsible for, well, everything there is. With so much at stake, BNI Modal Ventura, Indonesia’s newest state-owned VC firm, has carefully selected a candidate to fulfill the top leadership role in its investment team. Read on to find out more about this development in our premium story for today. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Mandiri CEO strong candidate to lead Indonesia’s newest state-owned VC]( Moving to BNI Ventura would make Eddi Danusaputro the latest high-profile venture capitalist to switch from one state-owned corporate VC to another.  --------------------------------------------------------------- IN PARTNERSHIP WITH  To fintech and beyond The impact of financial technology is undeniable. The industry has transformed the way we buy, pay, and understand finance, and it’s constantly evolving. If you’re keen on learning about what lies ahead for the fintech sector, join this year’s Fintech Forum. 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Sign up for Fintech Forum [here](.  --------------------------------------------------------------- TRENDING NEWS [Tiger Global leads $25m round of Indian EV battery firm]( Battery Smart has over 200 live swap stations across 10 cities and targets a battery-swapping market that’s projected to reach US$17 billion by 2025. [Standard Chartered VC arm backs Indian MSME marketplace’s $40m series A]( Solv will use the funds for global expansion and tech development as well as to help it branch out into new product categories. [Telkomsel-backed health app hits $180k in annual revenue from premium features]( Fita’s founder said he is already in talks for potential investments and partnerships with several parties, but is in no rush to raise capital. [Indonesia’s Deliveree nets $70m in Gobi, SPIL-led round]( The company plans to use the new funds to enter more market sectors and to expand its services to include containerized cargo solutions. [Indonesian customer insights startup secures $7.7m in series A round]( Populix currently has over 300,000 verified respondents that cover various generational groups in Indonesia. [Y Combinator-backed Indian EV charging firm nets $25.7m in series A]( To date, Statiq has installed over 150 stations across India and powered more than 2,000 charging sessions. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - *Event* [Fintech Forum]( on July 7 Join us at this year's Fintech Forum, hosted by Tech in Asia and Amazon Web Services (AWS). 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