JAKARTA, Aug 21 (Reuters) – Jakarta-based venture capital firm East Ventures said on Wednesday it raised $75 million for its sixth fund, backed by prominent Asian businessmen, to invest in early-stage startups in Southeast Asia’s largest economy.
The list of investors included Facebook co-founder Eduardo Saverin, family offices of Alibaba Group’s co-founder Eddie Wu, Chief Executive Officer of Meituan-Dianping Wang Xing as well as Dianping founder Zhang Tao, according to the venture capital fund.
East Ventures also received financial backing from Singaporean sovereign fund Temasek Holdings and Indonesian conglomerates Sinarmas and Emtek.
Indonesia Most active venture capital firms.
Indonesia most active venture capital firms