AC Ventures hits first close of its US$80M third fund focused on Indonesia

AC Ventures (ACV), an early-stage venture capital firm headquartered in Jakarta, announced today it has achieved 70 per cent of its US$80-million third fund to make the first close at US$56 million. ACV III Capital will continue to invest in Indonesia-focused, early-stage technology ventures operating in e-commerce, fintech, MSME enabling technologies and digital media-enabled services. […] The post AC Ventures hits first close of its US$80M third fund focused on Indonesia appeared first on e27.