Biznet gets into the gaming and animation business with Biznet Capital Ventures

Biznet is a Jakarta-based company known for its business network, data center and multimedia. Biznet has recently started to go into business investment, especially in the gaming industry and animation via Biznet Capital Ventures.

According to the Biznet director Adi Kusma, The objective of Biznet Capital Ventures is a niche for gaming and animation companies started from seed round or late-stage.

Game and animation was deliberately chosen because it is in line with the future plan of Biznet itself. The size of the investment is from Rp. 500 million for each company. However Biznet is also able to lead the investment round for startup that require larger fund by inviting other partners.

A company (that is into the cloud computing business) indeed rapidly innovated the development of their own business line. In 2010, they developed an area in Cibubur called Biznet Technovillage as the "Silicon Valley" a la Indonesia.