The Singapore-based fund also said it is rebranding itself as Incubate Fund Asia. Previously, as Incubate Fund India, it only backed domestic startups such as Captain Fresh, Yulu, ShopKirana and Plum from its first two funds since 2016. It has backed 27 companies so far.
Japanese VC firm Incubate Fund completes first close of $50m India-focused fund dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Japanese VC Incubate Fund Asia makes first close of $50 million fund financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Incubate Fund Asia Announces First Close of Third Fund | Business News This Week businessnewsthisweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessnewsthisweek.com Daily Mail and Mail on Sunday newspapers.
Indian supply chain startup Captain Fresh gathers pace with hire of ex-Groupon, Just Eat exec in Europe intrafish.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from intrafish.com Daily Mail and Mail on Sunday newspapers.
The total funding in late-stage startups, driven by Ather and Ola Electric, amounted to $292 million, accounting for nearly two-thirds of the fund infusion this week. Early-stage startups secured $131 million, while seed-stage startups received $24 million.