Wednesday, February 18, 2015

IDG Capital and SMBA create US$910M Korean venture fund

The fund will focus on healthcare, gaming etc.*IDG Capital will connect Korean and Chinese business it has invested in to create synergy The Korean SMBA (Small and Medium Business Administration) has agreed to establish a Korean venture fund (tentative name Korea Fund), along with IDG Capital. This fund is in the vicinity of*US$910 million. After...

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