Indonesian VC firm Intudo raises $125M across two funds

Quick Summary:

Intudo, the Indonesia-only venture capital firm, said it has raised $125 million across two investment funds — $75 million for Intudo Ventures IV, and $50 million for another fund that will invest in downstream natural resources and renewable energy.

The new fund comes three years after the firm closed its third fund at $115 million.

Intudo said it caps each limited partner’s investment at 10% of the total fund size to ensure equitable treatment for all LPs and maintain its independent investment thesis.

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Article Details

Author / Journalist: Kate Park

Category: Technology

Markets: United StatesIndiaIndonesiaIsraelJapanSouth KoreaNetherlandsSingaporeTaiwan

Topics: Venture Intudo Ventures

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 01:00:00 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23540223

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