Venturra Capital, which is based out of Jakarta, Indonesia, sure has notable credentials. Its three founding partners have impressive track records: Stefan Jung was founder and MD of Rocket Internet Southeast Asia and formerly of VC firm Monks Hill Ventures; Rudy Ramawywas Google’s first country manager in Indonesia and is an active angel investor; while John Riady is director of the Lippo Group, an Indonesian super-conglomerate with more than $15 billion in business assets. The group is increasingly moving into digital, and, under Riady’s tutelage, it has spent a reported $500 million developing its own e-commerce business in Indonesia.

The Lippo connection is strong with Venturra Capital. The group is the fund’s largest LP. Indeed, Venturra Capital is taking on the portfolio companies from Lippo Digital Ventures, the conglomerate’s investment arm, but the founding partners stressed to TechCrunch that the fund will operate autonomously.

“We’re very much an independent fund, and we look at investments independently,” Ramawy said in an interview. “Some [of our portfolio companies may] compete with Lippo businesses or have no connection, others are synergistic…. which can be an extra advantage for us to help scale and help entrepreneurs.”