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Indonesia-focused East Ventures raises $250m for latest fund

First round close of Growth Plus vehicle pushes firm's funds raised to $835m

East Ventures has invested in over 300 companies in Southeast Asia. (Source photo by Reuters and logo from East Ventures social media)

CEBU, Philippines -- Indonesia-focused venture capital company East Ventures has announced raising $250 million in the first and final close of its latest fund, Growth Plus.

The new fund, which brings East Ventures's total funds raised to date to $835 million, will target growth portfolio companies that demonstrate strong potential.

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