Venturra Discovery will invest in seed and pre-series A startups on behalf of its Lippo-backed parent firm.
Venturra Capital, the Indonesia-based venture capital firm backed by diversified conglomerate Lippo Group, has formed an early-stage investment fund called Venturra Discovery, E27 has reported.
Venturra Discovery is equipped with $15m and will invest $200,000 to $500,000 per deal in seed and pre-series A rounds for between 30 and 40 startups based in Southeast Asia. Its parent firm was rebranded from Lippo Digital Ventures in 2015.
Raditya Pramana, a partner at Venturra Discovery, said: “Each year we will get together…
