Indonesia's AC Ventures said to be raising $500m across two funds

Indonesia's AC Ventures said to be raising $500m across two funds

AC Ventures is led by (left-right) Adrian Li, Pandu Sjahrir, and Michael Soerijadji who all have entrepreneurial backgrounds.

Jakarta-based early-stage investor AC Ventures is in the market to raise $500 million across two venture funds, industry sources tracking the development said.