YJ Capital launches Fund II, backs Indonesia fashion site
YJ Capital - the corporate VC arm of Yahoo! Japan - has announced the launch of its second fund, which has made its first investment in Indonesia fashion flash sale site VIP Plaza.
According to a release, the new fund will have a total corpus of JPY20 billion ($169 million) with Yahoo! Japan providing the bulk of the capital - JPY19 billion - and the GP putting in the rest. The vehicle...
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