VinaCapital said the investment is in line with the company’s strategy to invest in company benefiting from strong domestic growth.
The Dymon Asia Private Equity fund invests in all sectors except real estate, resources, and technology startups.
International Finance Corporation, the investment arm of World Bank is also considering an investment of up to US$15 million in the fund.
This is the first oversea investment for Valuesystem.
Despite increased investments in Vietnam, the allocation of Creador in other markets will remain unchanged.
Glints is a recruitment service focusing on young professionals and graduates.
The Israeli startup develops clean meat which are produced using growing cells painlessly extracted from a chicken.
The funding scheme is expected to encourage young companies and scale up more quality startups.
Myanmar MTG DC aims to expand its service to sell the service of highspeed VSAT broadband and GSM backhaul by March 2018.
The joint venture’s first coworking space at Sequis Tower, Jakarta is slated to open next July.