In its previous VC fund that was closed in 2016, Jungle Ventures had secured around $100 million in commitments from its limited partners, and another $12 million in 2012. Founded in 2012 by Anurag Srivastava and Amit Anand, Jungle Ventures invests in technology and e-commerce start-ups in India and south-east Asia. Jungle Ventures has already made 5 new investments from its new fund where it led Series A & Series B rounds, said the first person aware of the fund’s operation. Some of the venture’s recent India investments include Livspace, Engineer.AI, Tookitaki, Klinify, among others. The funds’ last eight investments globally in Southeast Asia have collectively reached over $500, according to the second person aware of the fund’s operations.

Source: Mint April 30, 2019 03:00 UTC