Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Japan's MIXI launches $50-M CVC fund for Indian digital entertainment startups
Japanese mobile entertainment company MIXI has launched a USD 50 million (about INR 414 crore) corporate venture capital (CVC) fund in India to invest in early-stage entertainment and consumer services startups. The CVC fund will invest in seed to Pre-Series B startups, with a particular focus on Series A and Pre-Series A investments. The fund will invest in about 30 startups over the next three to four years, with a ticket size of USD 0.5 million to $2 million.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.