The venture firm has reached a $50m first close for its latest fund, which is targeting a $200m close, securing GS Shop as a limited partner.
China-based venture capital firm Gobi Partners has raised $50m for the first close of its Meranti ASEAN Growth Fund, having secured capital from limited partners including e-commerce firm GS Shop, E27 reported on Wednesday.
Gobi has set a $200m target for the fund’s final close, and has also recruited investment firm CKM and Malaysia Venture Capital Management as LPs.
Founded in 2002, Gobi invests in companies developing technology or operating services spanning IT, digital media and the convergence between telecommunications,…
