Strategic Ventures launches US$50M Indo-ASEAN fund
Delhi-based Strategic Ventures Fund (SVF) II has launched a US$50 million growth accelerator early-stage fund to engage with entrepreneurs and startups in the Indo-ASEAN area.
SVFII is the brainchild of four seasoned investors who have been entrepreneurs themselves and have a long history of mutual association.
Atim Kabra, Director of Strategic Ventures Fund II said, “The fund targets a portfolio of hundred companies over the next 48 months. The focus would be a risk-assessed, disciplined, early-stage investing in curated high traction startups. Investment targets would be technology-driven, technology-enabled, technology-differentiated companies across industries which can scale up significantly with the assistance of accelerants SVF II intends to provide.”