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Wednesday, August 21st, 2019

Economy in brief: Tokopedia backer targets RI with new fund

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by September 22, 2017 General

PREMIUM
East Ventures, the investment firm that’s backed some of the most valuable startups in Southeast Asia from Tokopedia to Traveloka, has raised a sixth fund focused on Indonesia.

The venture capital firm raised US$30 million that will go toward seed capital and early-stage financing, it said in a statement as quoted by Bloomberg.

East Ventures, founded in Singapore in 2010, was amon…

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