Summary
Incubate Fund Asia, a Japan-origin venture capital firm, closed its third fund with a $30 million corpus. The firm plans to use the fund for 20 early-stage investments in B2B and B2C sectors, primarily in India. It has already backed four startups and aims to raise a larger fourth fund soon.
15 August, 2024
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Incubate Fund Asia, a sector-agnostic and Japan-origin venture capital firm, has announced the close of its third fund with a corpus of $30 million (about Rs 252 crore), a top executive told TOI.
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