Reported 13 days ago
Intudo Ventures, an Indonesian venture capital firm, has raised $75 million for its fourth fund, a reduction from its previous fund as the startup industry in Southeast Asia faces challenges. The firm, founded in 2017, aims to invest in over a dozen Indonesian startups, focusing on their global expansion, with initial investments between $1 million and $10 million, given the current market conditions and reduced startup valuations.
Source: YAHOO