SEA Digest: M Venture raises capital; Cakap posts growth in revenue, profits

SEA Digest: M Venture raises capital; Cakap posts growth in revenue, profits

Photo by Josh Appel on Unsplash

Singapore-based M Venture Partners has closed MVP Fund I at $55 million. Meanwhile, Indonesian edtech Cakap claims to have booked a positive trend in its revenue and profits.

M Venture Partners raises additional capital

M Venture Partners (MVP), an early-stage venture capital fund based in Singapore, has closed a follow-on vehicle to continue to back emerging winners in their portfolio, bringing the total corpus allocated to MVP Fund I companies to $55 million, according to an announcement.

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