Full support for Indonesia, which ranks 5th in the world in the number of startups, signs MOU with Plug and Play Indonesia and starts acceleration program | TSI Co., Ltd. press release


According to the 2022 Startup Ranking, Indonesia is home to more than 2,300 startups, making it the fifth most populous country in the world. In the Global Entrepreneurship Ecosystem Report 2021, Indonesia ranked 3rd among emerging ecosystems, indicating promising growth ahead. Meanwhile, Japan is one of the biggest sources of funding for startups. Japanese investors poured a record 332 billion yen ($2.5 billion) into start-ups in 2021, according to Statista. For Japan, which has such a rich source of capital, Indonesia’s startup market is expected to further develop, and it is attracting attention as a country that is extremely attractive for investment.

Plug and Play is a global innovation platform connecting startups, investors and technology companies. Plug and Play Indonesia was established in 2017. Plug and Play Indonesia’s Startup Accelerator Program provides mentoring, networking events and funding opportunities to startups in various fields. As one of the leading startup accelerators in Indonesia, the platform has also established partnerships with leading Indonesian companies such as Astra International, BNI Bank, BCA Bank and Sinarmas Group. We actively support the growth of startups and the creation of new businesses, such as launching a networking program of over 50 active startup alumni (alumni and alumni).

JCI is a short-term acceleration program to support Indonesian startups jointly organized by TSI and Plug and Play Indonesia, aiming to promote cooperation and venture capital investment between Japanese and Indonesian startups. The program aims to apply to more than 100 startups, and selected startups will undergo a three-month acceleration program. The main event is elevating startups through workshops and mentoring, followed by investor interviews, and a Demo Day in June.

Through a Memorandum of Understanding with Plug and Play Indonesia, it will be possible to provide structured coaching, coaching and advice sessions. By doing so, we aim to improve the quality of start-ups, making them attractive investment targets for Japanese investors. In addition, by actively cooperating with local partners, it is expected to build a strong entrepreneurial community and serve as a bridge between Indonesian startups and Japanese investors.

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We are an incubation company creating Japan’s future through business development. We provide funding for business development, business partnership support, M&A advisory services, recruitment, new technology market research and more. We also publish M&A and financing deals and operate Growththeater, a platform where deals can be searched.

Kyoto Head Office: Kikusan Building 2F, 112 Shinmachi-dori, Sanjo Agaru, Chotomachi, Nakagyo-ku, Kyoto 604-8206

Tokyo Office: 6F, Nishikicho Building, 3-14-3 Kandanishikicho, Chiyoda-ku, Tokyo 101-0054

TSI Corporation:

▼What is a Groweater?

The service supports business development through investments and mergers and acquisitions. We provide one-stop support from finding investment destinations and M&A targets (mainly overseas) to closing transactions. You can search for a variety of projects such as investment, mergers and acquisitions, not only for simple matching, but also for expert-level consulting services.


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Founded in 2017, it is the Indonesian subsidiary of the global innovation platform Plug and Play. Establish partnerships with major Indonesian companies, support start-ups in various fields through mentoring, networking events and funding opportunities. Network with over 50 active entrepreneurial alumni.

Association Name: PT Gan Inovasi Solusindo

Address: Generali Tower, Gran Rubina Business Park, Floor 23, Unit B & C, Jl. HR Rasuna Said Kav C.22, Jakarta 12940


TSI Corporation

Person in charge: Kawao



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