ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Southeast Asia focused VC closes funding for $70m tech vehicle

Gojek-linked fund to focus on deals in Singapore and Indonesia

Employees work at their desks at Mediatrac, a data analytics start up company in Jakarta, Indonesia, April 13, 2016.    © Reuters

KUALA LUMPUR -- Singapore-based Indies Capital Partners has closed the funding round for its tech vehicle after raising over $70 million, said the fund's Managing Directors Harold Ong and Pandu Sjahrir.

Indies Pelago Investments was launched in November 2018 with a target of raising $65 million. The vehicle subsequently raised over $70 million, which is already half-deployed across eight companies in Southeast Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more