Ice Breakers

Ice Breakers with Shefali Dodani (Vice President and Indonesia Country Head, Insignia Ventures Partners)

October 11, 2024

Shefali Dodani is the Vice President and Indonesia Country Head at Insignia Ventures Partners, investing anywhere between US$1M to US$15M.

Since 2017, IVP has invested in over 90+ companies including Carro, Ajaib, GoTo, Appier,, Super, Pinhome, Tonik, and Wiz.ai.

👋🏼  How would you explain your job to someone outside tech?

My daily job is full of surprises. I might be out scouting and meeting inspiring founders who are tackling significant challenges in large markets. On other days, I spend hours evaluating a company’s financial performance and champion selected companies to the Investment Committee. Often, the numbers reveal more than the pitch itself.

It has been an exciting journey to be at the forefront of tiny acorns growing into mighty oaks that will go on to shape the future, especially when we’re invested in their success!

🧐  What's something about you or your job that would surprise us?

I always thought I would end up with a career in the Arts, even though I'm now in a Venture Capital fund instead. However, I have come to learn that Investment in itself is a form of art.

🏆  What has been the biggest highlight of your career so far?

Championing underdogs, and seeing them change the future and break the status quo.

🔍  What's a startup trend or space you're watching this year?

There is no specific trend that I have been looking out for, however, I am keeping an eye out for SEA startups that can sell globally.

If executed well, there is clear cost arbitrage for such businesses which paves a clear path to profitability. I believe the best opportunities often arise at the most unexpected times.

💼  What advice would you give someone starting out in your industry?

Meet as many people as possible. Keep an open mind and actively listen. Don’t be afraid to ask questions, as it is one of the best ways to sharpen your curious mind. I live by the saying “The man who asks a question is a fool for a minute, the man who does not ask is a fool for life.”

Life or career is not a steady slope, it is more of a wave, with crests and troughs. This is especially true in venture capital, with some investments returning the fund and some going to zero. Face challenges, failures, and risks headstrong and learn from them.

🗣  What's one thing you can keep talking about for hours?

I would have to say Andrew Huberman’s way of living or the profiles and history of successful entrepreneurs. There is so much to learn from their journey and learnings.

🎥  What's your favorite movie/TV show?

Memento or Ex-Machina. I am a big fan of psychological thrillers or sci-fi!

🍨  What's your go-to ice cream flavor?

Macadamia Nut.

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