East Ventures on Instagram: "EV Growth, our growth fund affiliates, has hit the final close of its first fund at US$200 Million, exceeding the firm’s initial US$150 Million targets. This oversubscribed fund is supported by a diverse set of strong partners including SoftBank Group, Pavilion CapitaI, Indies Capital, and other regional investors. . Launched in March last year, EV Growth is a joint venture between East Ventures, SMDV, and YJ Capital Inc. that focused on providing growth capital to startups in Indonesia and the rest of Southeast Asia with an agnostic industry focus. The company is led by three partners - Willson Cuaca from East Ventures, Roderick Purwana from SMDV, and Shinichiro Hori from YJ Capital Inc., while Batara Eto involved as Advisor. . To date, the VC has deployed 40% of the total fund to more than 12 deals out of which 90% of it coming from Indonesia. Its portfolio companies encompassing different sectors including leading beauty tech player @sociolla , leading multi-platform online media company @idnmedia , mobile point-of-sale player @mokapos , micro-retail tech player @warungpintar.co , and region's number one Edutech player, @ruangguru . . The timing, fund size, and fund deployment pace of EV Growth are just right. We believe EV Growth will quickly make its mark into Southeast Asia digital economy. . Link: bit.ly/EVgrowth . #eastventures #startup #venturecapital #evgrowth"