MUFG partners with Danamon to launch US$100M startup fund in Indonesia

Mitsubishi UFJ Financial Group subsidiaries, MUFG Innovation Partners and MUFG Bank, have established a US$100 million fund in partnership with Indonesia’s commercial bank Danamon. The fund, MUFG Innovation Partners Garuda No. 1 Limited Investment Partnership, will make strategic investments in Indonesian companies that are expected to have synergies with Danamon. Danamon was acquired by MUFG […] The post MUFG partners with Danamon to launch US$100M startup fund in Indonesia appeared first on e27.