India
The fund aims to support a total of 80–90 startups.
1
Indonesia's Danantara eyes LP role in private equity funds to boost returns
2
China urges US to address TikTok issue through talks
3
US FTC investigates Google, Amazon over search advertising practices
4
KKR divests stake in Sari Roti to Leafgreen Capital, Gateway Partners
5
Carro eyes 2-3 M&As, Australia foray ahead of potential dual listing
More Stories
Indonesia’s Danantara eyes LP role in private equity funds to boost returns
Vietnam’s IPO market picks up as investors bet on status upgrade
Global headwinds push PE managers to rework strategies, chase DPI
Five key takeaways from Venture Capital and Founders Summit
Singapore
Over the next five years, the facility plans to deploy $10–15 million across 15–20 projects each year in SE Asia.
Indonesia
Intudo most recently closed its fourth fund at $75m and a new green fund at $50m in Nov 2024.
Greater China
Other investors include CAS Investment, China Development Bank Capital, and Hongshan Capital Group.
The majority of the capital came from existing shareholders and new investor BHP Manganese Australia.
Johnson & Johnson’s corporate venture capital arm led the round.
China Mobile, Pudong Innovation, CAS Star, and Yijing Capital were among the investors.
Hong Kong Investment Corporation, the government-backed fund, is also co-investing in the round.
The startup is expanding to Malaysia, Hong Kong, Japan, and Australia.
Goodwater Capital, Lightspeed and Elevation Capital joined the round.
