- Japanese venture capital fund, Incubate Fund is set to raise $27 million India dedicated fund by the end of the year for investing in promising Indian startups, Nikkei Asian Review reported on Tuesday.
- General partner of Incubate Fund, Nao Murakami, along with other experienced Japanese staff will be stationed in Silicon Valley of India, Bangalore, to scout for startups to invest in.
- In December, Indore-based Shopkirana, that connects brands and traditional retailers with the help of technology and supply chain innovation, has raised $2 million from investors that include Incubate Fund.
Japan's Incubate Fund Launching India-Specific $27 Million Startup Fund
3 April 2019 7:54 AM GMT