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In speaking with venture capital leaders in the Los Angeles scene, many described the past several years of investing as “irrational exuberance,” a period marked by eyewatering company valuations and growth funds propelling multiple firms into the billion-dollar club.
East Ventures has joined hands with SV Investment, a PE-VC firm headquartered in Seoul, to launch a new fund with a target corpus of $100 million.
The fund will look for investment opportunities in MSME enablers, financial services digitalisation, neo-consumer, climate and healthcare.
Investors in Mojocare said a review of the digital wellness platform has found irregularities in its financial statements.
B Capital is focused on the US and Asia, including India, and will invest $40 Mn to $50 Mn in Indian startups