Pak Jerry, president of Indonesia-based Inovisi, says $30m investment and partnership with Ozura World will enable the company to ride on the mobile internet phenomenon.
Indonesia-based telecom infrastructure company Inovisi Infracom has invested $30m in Ozura World, a Hong Kong-based social network game developer, and agreed to sell its products to the portfolio company’s main instant messaging product, Fonwar.
Pak Jerry, president of Inovisi, said: "Partnership with Ozura World will enable the company to ride on the mobile internet phenomenon. It’s just the beginning."
On top of organic growth, Inovisi is looking for more investment and acquisition opportunities in telecommunication and Internet space and targeting…
