Indian venture capital firm Blume Ventures has reached a first close of $40 million on Blume Ventures Fund III, its third early-stage fund.
Blume aims to close Fund III by the end of the year, with a target of $80 million. The commitments received so far include both current LPs and new anchor investors from the US, India, Japan, and other...
Prosus Ventures, formerly a VC arm of South African media conglomerate Naspers, has led a $30 million Series C round for Indian agricultural technology provider DeHaat.
Having scaled up in fund size to $75 million for its second vintage, Endiya Partners is looking for opportunities in an increasingly attractive yet competitive Indian start-up ecosystem
Placement agent Monument Group has appointed Hiroshi Nishimuro, formerly of Morgan Stanley, as its Japan representative to lead fundraising efforts and manage GP relationships in the country.
Simon Lau, who has led the Asian operations at fund-of-funds Pathway Capital Management since 2012, has been promoted to managing director.