Singapore
The fund closing marks a delay of more than six months from the original timeline.
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Greater China
Meituan backer NLVC manages six USD and four RMB funds.
India
The Indian VC was looking to close the vehicle by end-2024.
They are exploring new fund strategies, such as country-specific vehicles, says ewpartners’ Cliff Chau.
Funding winter has prompted a re-evaluation of investment strategies: Pratip Mazumdar.
The VC firm has so far garnered about Rs 600 crore from LPs.
The AIIB has allocated 10% of its assets to equity investments.
The firm has launched its third fund that has a target corpus of $500m.
Zepto projects gross order value to cross $1b this year, says CEO.
The firm is currently fundraising for a $70.2m AI-dedicated fund.
