SG's Vertex Ventures said to upsize its early- and growth-stage funds

Photo: Vertex Holdings

Singapore-based Vertex Ventures is likely to raise larger-than-expected sums for two of its funds — Vertex SEA and India Fund V, and Vertex Growth Fund II.

According to sources familiar with the matter, Vertex Growth Fund II has already exceeded its $330-million target to hit its hard cap of $400 million. One source told DealStreetAsia that this is likely to see the fund extend its hard cap beyond $400 million due to oversubscribed interest.

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