Pertamina and MDI Ventures are teaming up on a $500m energy fund while Trip.com and Legend Capital-backed hotel brand Atour floated on Nasdaq.
Funds
Pertamina NRE, a subsidiary of oil and gas producer Pertamina, is launching an energy fund with telecommunications firm Telkom Indonesia’s MDI Ventures unit with a $500m target for its close, DealStreetAsia reported today. MDI Ventures will scout energy tech startups, while Pahala Mansury, vice-minister of state-owned enterprises for Indonesia, told DealStreetAsia more investors are expected to join.
Legend Capital, the venture capital firm launched by…
