BEENEXT Closes Emerging Asia Fund At $110 Mn, Commits Half Towards Indian Startups
India, June 16 -- Japanese venture capital firm BEENEXT on Tuesday (June 16) announced that it has closed its BEENEXT Emerging Asia Fund at $110 Mn. The fund will focus on empowering early-stage startups and founders in India as well as South East Asia to accelerate digital technologies led innovation and growth in the new normal across sectors.
The company has plans to allocate about 50% of the fund exclusively for the Indian startup ecosystem. The fund will also focus across sectors like ecommerce, fintech, healthtech, agritech, edtech and AI/data-driven tech domains.
The fund investments have come from major Institutional Investors in the US; along with Japanese corporations, global family offices and entrepreneurs.
BEENEXT has focu...
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