India
The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option.
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The fund is backed by the Livelihood Impact Fund, along with prominent entrepreneurs, investors.
Aum’s Fund II saw 35% participation from domestic LPs at its first close, marking a shift from its debut fund.
Singapore
fileAI said it will use the capital to expand in Japan.
Rest of Asia
The round brings Wrtn’s total fundraising to about $166 million.
The round was backed by US firms Greenoaks, Lightspeed and DoorDash.
World
Koch Disruptive Technologies also co-led the round.
Greater China
To facilitate the fund’s rollout, Insilico is looking to set up a JV with a unit of Shanghai Pudong Development Group.
Thailand
It backed US-based Alpaca, Singapore’s Qoala, and enterprise AI platform Whale.
Asia-based teams of MSIM, Adams Street and Schroders also joined.