Indonesia: Kejora Ventures marks first close of $80m fund

Indonesia: Kejora Ventures marks first close of $80m fund

Kejora senior team. Photo by Kejora Ventures

Indonesia-focussed VC firm Kejora Ventures announced Wednesday that it has hit the first close of its Kejora Star Capital II Fund, raising about one third of the $80 million target. Post the final close, that is targeted for the year end, this will be the largest vehicles raised by Indonesian VC firms.

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