Intudo Ventures, an Indonesia-focused VC Firm that aims to back local companies that benefit the growing middle class, has closed its third fund at $115 million. The firm received commitments from Black Kite Capital, Wasson Enterprises, PIDC, and many more. The firm plans to invest in overlooked and underfunded sectors i.e. B2B and Enterprise, Education, Finance, Insurance, Healthcare, etc.
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This article has been summarised for quick read. The original article can be read on Deal Street Asia.