Indonesia's Kejora targets $100m for growth fund
Indonesian venture capital firm Kejora Ventures is seeking $100 million for a growth fund that will participate in Series B and C rounds for local start-ups. Initial commitments have come from several Korean investors, reflecting the country’s strong strategic interest in Southeast Asia.
Kejora closed its second early-stage vehicle on $80 million a couple of months ago. The firm opted to raise a growth fund next to address the funding gap that sees start-ups secure seed and Series A funding...
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