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Quona Capital closes $332-M fund to invest in fintech cos across India, SEA
Fintech focused VC firm Quona Capital announced the final close of its third fund at USD 332 million. The fund exceeded its initial target of USD 250 million. It will be deployed to primarily invest in fintech startups in emerging markets such as India, Latin America and Southeast Asia. The Fund III saw participation from existing investors, including global asset managers and insurance companies, as well as 20 new investors. With this close, Quona's aggregate committed capital stands at over USD 745 million.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.