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Nikkei Markets

Mindworks To Raise $100 Mln To Invest In 'Disruptive' Startups, Co-Founder Says

By Amy Lam
Nikkei Markets
HONG KONG (Jan 22) -- Mindworks Ventures, a Hong Kong-based venture-capital firm, is aiming to raise $100 million from a new fund to channel early-stage investments into start-up companies specializing in disruptive technologies, according to its partner and co-founder.

The firm - whose investment portfolio includes Shanghai-based online lending platform Dianrong, on-demand van and truck booking application Lalamove and Taiwan-based travel e-commerce platform KKday - is keen to invest in the southeast Asian, Hong Kong and Taiwanese markets. The fund, which raised has $30 million initially, is still open for subscriptions, Joe Chan said in an interview to Nikkei Markets on Friday.

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