PT Telkom Indonesia (Persero) Tbk (TLKM) welcomes Kredivo's plan to become a public company with a valuation of US$2.5 billion.

Kredivo, a digital-based credit platform, will merge with a unit of Victory Park Capital (VPC), a global investment company headquartered in Chicago. The merger will bring the equity value to US$2.5 billion. After becoming a unicorn, Kredivo will advance as a public company.

TLKM will have a second unicorn portfolio under its wing besides Gojek. The state-owned company became a shareholder of Kredivo through a subsidiary of MDI Ventures.

Telkom's Strategic Portfolio Director Budi Setyawan Wijaya said that Telkom's investment strategy and commitment to the digital business run through MDI Ventures and TMI was right.

"Not only potential capital gains that we might be able to obtain, the most important thing that is expected from this investment is of course the synergy value with MDI's startup portf