Kejora Capital said to be raising an over $150m continuation fund backed by GIC

Kejora Capital said to be raising an over $150m continuation fund backed by GIC

Photo: Mufid Majnun / Unsplash.com

Indonesian venture capital firm Kejora Capital is said to be raising a more than $150 million continuation fund with a single limited partner — Singapore sovereign wealth fund GIC — backing the new vehicle, two sources aware of the matter told DealStreetAsia.

In July last year, DealStreetAsia had reported that Kejora is in the market looking to raise $300 million for a new fund.  However, sources now indicate that Kejora has finalised a $150 million+ continuation fund.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter