Indonesia’s Arise reaches first close on seed fund
Indonesia’s Arise, a seed investor set up by MDI Ventures and financial technology specialist Finch Capital, has reached a first close of unspecified size on its debut fund. The target is $40 million.
LPs include Indonesia-listed family offices, high net worth individuals, and corporates such as Metrodata Electronics. Finch and MDI, the corporate VC arm of state-controlled Telkom Indonesia, launched...
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