SBI, Kyobo Life seek $75m for Asia VC fund
SBI Ven Capital (SBIVC), an ex-Japan VC arm of SBI Holdings, is seeking USD 75m for its latest fund in partnership with Korea’s Kyobo Life Insurance and Singapore’s Nanyang Technological University.
SBIVC will act as manager and general partner. Kyobo Securities, the securities brokerage arm of Kyobo Life, and NTUitive, a start-up support unit at Nanyang Technological University will be general partners....
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