Jakarta, INTI - PT Indonesia Open Network (ION) is targeting an initial investment of US$100 million to develop digital public infrastructure (DPI) in Indonesia.
The investment is expected to come from at least 20 companies, with each investor contributing approximately US$5 million.
“PT ION is targeting an initial investment of around US$100 million from at least 20 companies, with each contributing approximately US$5 million,” PT ION President Director Bayu Prawira Hie said in a statement on Wednesday, September 9, 2026.
Bayu said the establishment of ION as a legal entity marks an important milestone, allowing the company to conduct commercial activities, business partnerships, investments, and technology development.
“Today marks the signing of the establishment of PT Indonesia Open Network. With the establishment of PT ION, we now have a legal entity capable of carrying out various business activities while remaining accountable to shareholders investing in Indonesia’s development,” he said.
ION Prepares for Diversified Share Ownership
PT ION has an authorized capital of IDR 10 billion, with issued and paid-up capital of IDR 2.5 billion. The company has issued 2,500,001 shares, consisting of 2.5 million Series A shares and one special golden share.
For now, the 2.5 million Series A shares are owned by PT Chairos International Ventures. These shares are intended to be transferred to new investors, while the golden share is held by the ION Teknologi Indonesia Foundation.
Bayu said the ownership structure is designed to ensure that ION’s shares are widely distributed rather than concentrated in the hands of a single shareholder.
Investors are expected to come from various sectors, including banking, manufacturing, technology companies, government institutions, and state-owned enterprises.
Domestic Investors Remain a Key Focus
PT Chairos International Ventures CEO Sachin Gopalan said ION was established as an investment vehicle for both domestic and international stakeholders. However, domestic investors remain a key priority because ION is intended to become a strategic Indonesian asset.
“ION will serve as public infrastructure that enables people to participate in digital commerce while providing various tools to help Indonesian companies strengthen their digital capabilities,” Sachin said.
According to Sachin, ION’s ownership structure will be based on the principles of broad-based and balanced ownership. Shareholders are expected to represent various sectors, including government institutions and state-owned enterprises, banking, manufacturing, and technology.
Several technology companies have also expressed interest in supporting the initiative. Among them is Google, which provided a US$1.5 million grant through an incubation program.
Conclusion
ION’s planned US$100 million investment highlights growing efforts to strengthen Indonesia’s digital public infrastructure. With broad participation from domestic investors and companies across multiple sectors, the initiative could support digital transformation, expand local capabilities, and build a more inclusive digital ecosystem.
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