Those who have watched Makarim over the years say it was always a question of when, not if, he will make the switch to politics.
The vehicle marks the first time Quest Ventures is raising capital from external investors.
Zilingo recently launched offices in New York and Los Angeles and will look into expanding its sales and product teams there.
The top deck appointments come at a time when the troubled company restructures its operations.
Bukalapak recently closed Series F financing backed by South Korea's Shinhan GIB and Indonesia's Emtek at a $2.5 billion valuation.
Deep tech investments jumped 25% to $305.2 million across 76 deals from January to September this year.
Insignia Ventures Fund II will focus on early-stage technology investments in Southeast Asia.
The Pakistani startup had raised nearly $1 million in pre-Series A funding from 500 Startups in April this year.
Saison Capital will make equity investments in seed to Series A startups over the next six years.
The startup is targeting to expand its business 2-2.5 times and generate revenues of $500 million by 2020.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.