Zero-emission courier service Zedify secured over $6m while Naspers closed its $100m Naspers Foundry fund.

Green-leafed Plants

Funds

Financial institution World Bank Group’s International Finance Corporation (IFC) subsidiary has proposed $10m in financing for Techxila Fund II, a fund launched by Fatima Gobi Ventures, the venture capital fund Pakistani conglomerate Fatima Group co-runs with VC firm Gobi Partners.

Naspers Foundry, the ZAR1.4bn ($100m) domestically focused VC fund set up by South Africa-based internet and publishing group Naspers, has ceased operations, BusinessDay reported. The unit’s…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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