BRI reaches first close on Indonesia fund
BRI Ventures, a unit of Bank Rakyat Indonesia has reached the first close of IDR150 billion ($11 million) on its locally incorporated tech venture fund.
The vehicle, known as Sembrani Nusantara, was targeting a first close of IDR300 billion when it was launched in June. The final target has not been specified. As the LP-GP legal structure does not yet...
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