JAKARTA -- Korea Investment Partners Southeast Asia (KIPSEA) has closed its first Southeast Asia venture capital (VC) fund at $60 million, according to an announcement on Monday.
Venture capital vehicle raises $60m, draws institutional investor interest
The Jakarta skyline in 2021. Korea Investment Partners is particularly interested in Indonesia, owing to its market potential, vibrant startup ecosystem and talent supply. © Reuters
JAKARTA -- Korea Investment Partners Southeast Asia (KIPSEA) has closed its first Southeast Asia venture capital (VC) fund at $60 million, according to an announcement on Monday.