Tanglin Venture Partners closes early-stage fund at around $51m

Tanglin Venture Partners closes early-stage fund at around $51m

Buildings stand in the central business district as the sun sets in Singapore, on Sunday, June 4, 2017. Photographer: Sanjit Das/Bloomberg

Singapore-headquartered Tanglin Venture Partners, founded by former Tiger Global Management executives Ravi Venkatesh and Edwina Yeo, has hit the final close of its first fund at around $51 million.

The fund, whose investment sweet spot is in the $3-4 million range, will target early-stage technology-focused bets in niche areas of B2B supply chain, fintech, SaaS, direct-to-consumer brands, among others. Its geographic focus is India and Southeast Asia.

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