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.
