Incubate Fund Asia announces third fund

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Summary

The Singapore-based fund also said it is rebranding itself as Incubate Fund Asia. Previously, as Incubate Fund India, it only backed domestic startups such as Captain Fresh, Yulu, ShopKirana and Plum from its first two funds since 2016. It has backed 27 companies so far.

  • 3 October, 2023
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Introduction

Incubate Fund Asia, a sector-agnostic and Japan-origin venture capital firm, on Wednesday announced the first close of its third fund, which has a target corpus of $50 million (Rs 416 crore).

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https://economictimes.indiatimes.com/tech/funding/incubate-fund-asia-announces-third-fund-rebranding/articleshow/103817697.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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