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Global From Day One raising $140m third fund


The Auckland VC firm seeks institutional investors hunting yield.
Auckland venture capital firm Global From Day One is trying to raise $140 million for its third fund,  more than double the amount achieved for its second.
The firm is hoping institutional investors will come to the party rather than relying as much on government funding.
GDI, founded by managing partner Chintaka Ranatunga in 2012, invests in high-growth tech companies with revenues of between US$1 million and US$5m, mostly generated in offshore markets.
It raised $4.6m in 2012 for its first fund, which provided seed funding, and then $60m in 2016 for its second fund, which had a four-year investment ....

Chintaka Ranatunga , Global From Day One , உலகளாவிய இருந்து நாள் ஒன்று ,