Indonesia's Sinar Mas launches smart city VC fund
The real estate arm of Indonesian conglomerate Sinar Mas has launched a smart city technology fund in partnership with East Ventures, Redbadge Pacific, and Prasetia Dwidharma.
The Urban Gateway Fund is likely to target a corpus of USD 20-30m, according to a source familiar with the situation. Sinar Mas Land will be the manager and receive strategic support from East, Redbadge...
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