The fund was participated by prominent banks including UOB ad CIMB.
The Qualgro ASEAN fund will focus their investments on startups in Southeast Asia, Australia, and New Zealand.
The round exceeded its original target between US$3 to US$5 million.
International Finance Corporation (IFC), a member of the World Bank Group is making an equity investment up to US$25 million in North Haven Thai Private Equity L.P. IFC said…
This marks the first funding by a private equity firm in the Vietnam’s co-working space sector.
The Indonesian startup will begin its Vietnam expansion project in 2018.
