Venture Intelligence (TSJ Media Pvt. Ltd.)
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Japan’s Incubate Fund Asia aims at $60-M for fourth seed fund for early-stage cos
Tokyo-headquartered Incubate Fund Asia plans to launch its fourth India-focused seed fund with a corpus of USD 60 million. Concurrently, the firm is evaluating a second vehicle with Japan's Sumitomo Mitsui Financial Group, targeting a corpus equal to or slightly higher than its previous USD 200 million fund.Founded by Nao Murakami, Incubate Fund Asia is the Asia/India arm of the Incubate Fund group. Investing since 2016, the firm’s portfolio includes Captain Fresh, Yulu, ShopKirana, and Plum. The new funds are intended for continued investment in early-stage companies.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.