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Indonesia's HappyFresh draws half of new funding from Korea

Indonesia s HappyFresh draws half of new funding from Korea
Naver-Mirae startup fund, LINE Ventures to make follow-on investments in the online grocery app
By
(Courtesy　of　HappyFresh)
Indonesia s online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Naver Corp. and Mirae Asset Group and Naver s subsidiary LINE Ventures. The amount marked about half of the $65 million it is targeting in the latest funding round.
The Korean institutional investors is betting that the Jakarta-based startup would become the next Grab Holdings Inc., a Southeast ride-hailing app that is preparing for a Nasdaq listing later this year through a merger with a special purpose acquisition company. ....

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Revealed: Winners of the Fund Manager of the Year Awards 2021

Revealed: Winners of the Fund Manager of the Year Awards 2021
investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.

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Emerging markets: A story that still has substance

Emerging markets: A story that still has substance
funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.

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Welcome To IANS Live - BUSINESS - IFC to invest $15M in South Asia Growth Fund II

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IANSLive
Chennai, May 21 (IANS) International Finance Corporation (IFC) part of the World Bank Group plans to invest up to $15 million in South Asia Growth Fund II, L.P (SAGF II) focussed on investing in companies focussed on clean energy.
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Update: 21-May-2021 ....

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IFC to invest $15M in South Asia Growth Fund II

IFC to invest $15M in South Asia Growth Fund II
By
IANS
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IFC to invest $15M in South Asia Growth Fund II. Image Source: IANS News
Chennai, May 21 : International Finance Corporation (IFC) part of the World Bank Group plans to invest up to $15 million in South Asia Growth Fund II, L.P (SAGF II) focussed on investing in companies focussed on clean energy.
According to IFC, it is proposing to invest up to $15 million, capped at 20 per cent of aggregate commitments, with an equivalent amount of co-investment envelope, in SAGF II.
The Fund, a limited partnership organized under the laws of Province of Ontario, Canada is targeting $200 million in commitments to invest in 8-10 companies focused on clean energy supply and resource efficiency in India and opportunistically in Bangladesh, IFC said. ....

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