Dutch investment firm Orient Growth Ventures has closed its second India and Southeast Asia fund at $90 million. The firm, which is a limited partner in venture capital firms such as Blume Ventures, Jungle Ventures, and Chiratae Ventures, aims to increase its investment in India by backing early-stage venture capital firms. The fund is backed by existing and new limited partners, including European high net worth individuals, tech entrepreneurs, and family offices across Europe and Singapore.
The firm’s managing partner, Rinze Verbeek, stated that the Orient Growth Fund-II will focus exclusively on India and Southeast Asia. Verbeek believes the Indian market is highly attractive for investment due to its robust economic growth and mature venture capital ecosystem.
