EV Growth scales up fund target to over $200m on huge investor appetite

EV Growth scales up fund target to over $200m on huge investor appetite

REUTERS/Beawiharta

The EV Growth Fund – a joint venture between Sinar Mas, East Ventures and Yahoo! Japan – has exceeded its $150-million fundraising target as investors hungry for returns loosen their purse strings. The fund is focused on providing growth capital to startups in Indonesia and the rest of Southeast Asia.

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