Japan's AET fund to inject $500k in 5 Indian vernacular segment startups

Japan's AET fund to inject $500k in 5 Indian vernacular segment startups

AET Team: L to R (Yuki Kawamura, Tomoya Ogawa)

Akatsuki Entertainment Technology (AET) fund, a Japanese venture capital (VC) fund, launched in India in March, is looking to make five new early-stage investments in the vernacular segment in India with an average ticket size of $500,000, according to the funds’ top executive.