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AC Ventures closes its new $210M Indonesia-focused fund

In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, finishing the final close on its fifth fund, called ACV Fund V. Limited partners include the World’s Bank’s IFC and investors from the United States, the Middle East and North Asia. AC Ventures has already started investing from Fund V in startups like Indonesian electric vehicle maker MAKA Motors and sustainable farming startup Koltiva.

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Deals in brief: AC Ventures raises USD 210 million at final close of fifth fund, Sony scraps merger with India s Zee, nine China deals, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

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Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower

The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the bay area.

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The Bank of East Asia, Limited: BEA Marks the Inauguration of BEA Tower in Qianhai

The Bank of East Asia, Limited: BEA Marks the Inauguration of BEA Tower in Qianhai
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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BEA Marks the Inauguration of BEA Tower in Qianhai

/PRNewswire/ The Bank of East Asia, Limited ("BEA" or the "Bank") today celebrated the inauguration of BEA Tower in Qianhai, its strategic hub in the.

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