Impact investors YCAB Ventures and Moonshot Ventures have partnered to lead the Indonesia Women Empowerment Fund (IWEF). IWEF invests in women-led startups, which address the underlying barriers to women’s economic empowerment in Indonesia, through innovative and disruptive solutions.
YCAB Ventures is part of YCAB Social Enterprise Group that invests in economic empowerment activities to end poverty and reduce inequality. Through its microfinance activities, YCAB Ventures has financed over 150,000 women owned businesses through 600,000 productive loans. Moonshot Ventures incubates and manages impact funds in Asia Pacific, with each fund focusing on a singular development problem and investing in disruptive innovations led by mission-driven entrepreneurs.