Japanese VC fund JAFCO Asia earmarks $20m for South Asian startups

Japanese early-stage venture capital fund JAFCO Asia aims to deploy $15-20 million in South Asia this year, with a firm focus on India, an executive at the firm told DealStreetAsia.

Within South Asia, the firm has only invested in India so far.  Between September 2021 and March 2023, the firm closed six investments in India — Prozo, Akudo, Pazcare, TwidPay, Driffle, and Venwiz — from its JAFCO Asia S-8 Family Funds.

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