Venturra Capital, the venture capital arm of the Indonesian conglomerate Lippo, is in the process of launching its third fund, the firm’s partner Raditya Pramana told DealStreetAsia.
While Pramana did not mention the size of the new vehicle, he said it would be a triple-digit fund in dollar terms. An industry source told DealStreetAsia under the condition of anonymity that the fund size may be “up to $150 million”.