Business Development Launchpad

About us

INDICO is a subsidiary of Telkomsel, Indonesia's leading digital telecom company. INDICO plays a strategic role as a holding company that houses current and prospective vertical digital business portfolios, including Kuncie (edu-tech), Fita (health-tech), and Majamojo (game). Moving forward INDICO aims to explore opportunities in multiple verticals adjacent to Telkomsel’s digital businesses. As a digital platform company, INDICO aims to leverage Telkomsel’s digital assets and capabilities to create a flywheel effect of innovations to develop cross-sectoral digital solutions that will empower Indonesia’s digital economy.

INDICO is a subsidiary of Telkomsel, Indonesia's leading digital telecom company. INDICO plays a strategic role as a holding company that houses current and prospective vertical digital business portfolios, including Kuncie (edu-tech), Fita (health-tech), and Majamojo (game). Moving forward INDICO aims to explore opportunities in multiple verticals adjacent to Telkomsel’s digital businesses. As a digital platform company, INDICO aims to leverage Telkomsel’s digital assets and capabilities to create a flywheel effect of innovations to develop cross-sectoral digital solutions that will empower Indonesia’s digital economy.

What we are expecting from the role...

• Support in financial and strategic analysis related to the Company’s funding and investment opportunities, M&A, business restructuring and strategic partnerships.
• Do research of potential new business based on competitive industries, macro and microenvironment, and other updates to prepare some analysis, forecasting and recommendation for business decision making.
• Develop Business Case/Feasibility study – establish a standardized way for management team to test new business initiatives including but not limited to scorecard/benchmarking of initiatives, assessing project prioritization, and evaluating risk assessments
• Support in provide business output for management in relations to new business initiatives and prepare the material to be presented to management.
• Define and assist end to end M&A and/or Join Venture strategy, maintain pipeline, evaluate opportunities, lead due-diligence activities, and provide general transaction and analytical support.
• Advise and assist in drafting of the Investment memorandum, work collaboratively with executive team, Finance and Legal to drive enterprise strategy and execution.

• Minimum 4-5 years private equity / venture investments / investment banking / startup fundraising / corporate development / management consulting and/or related experience.
• Experience in a tech company or venture investments will be a major plus.
• Bachelor’s Degree or equivalent in Finance or Business-related fields
• Excellent understanding of Digital Landscape specifically in Indonesia & SEA
• Thoughtful and client-savvy, able to understand nuances of startups and fundraisings with a strong network of relationship with start-up investors (e.g., VC, PE)
• Has good experience in M&A process and/Join Venture with Corporate Finance background
• Excellent in time management, feasibility studies and provide recommendation output
• Good in presentation, communication skill and has entrepreneurial mindset with strong analytical and critical thinking
• Excellent in verbal and written fluency English and Bahasa Indonesia