Kejora, Intervest hit final close of Southeast Asia fund at over $100m

Kejora, Intervest hit final close of Southeast Asia fund at over $100m

Indonesian venture capital firm Kejora Ventures has hit the final close of its joint fund with South Korean counterpart Intervest, in an oversubscribed fundraise which surpassed the original target of $100 million.

The fund brings together a group of prominent LPs such as Korea Development Bank, Korea Venture Investment Corporation, NH Investment & Securities and Industrial Bank of Korea. Other LPs include Barito Pacific Group of Indonesia, a leading commercial bank, and a pension fund from Southeast Asia.

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