The new investment arm will provide seed to Pre Series A funding.
Jakarta-based Fabelio believes it has what it takes to become the biggest online furniture marketplace in Indonesia.
KFit has secured US$12mil in a Series A round led by Venturra Capital, with participation by new investors such as SIG and Malaysia’s Axiata Digital Innovation Fund.
KL-based services marketplace Kaodim has announced a US$4-million Series A round of financing led by Venturra Capital, which it said would fuel its regional expansion.
Jakarta-headquartered Venturra Capital, an independent venture capital fund sponsored by the Lippo Group – one of Indonesia’s largest real estate developers – has launched its US$150-million Venturra Capital Fund I.
Monk’s Hill Ventures (MHV), a fresh entrant to Asia’s venture capital scene, has launched with a S$100-million fund (US$80-million) venture fund founded on the concept of “entrepreneurs backing entrepreneurs.”