Skip to Content

Monday, September 28th, 2020

Economy in brief: Tokopedia backer targets RI with new fund

by September 22, 2017 General

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…