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Japan's GMO VenturePartners eyes SEA with US$12mil fund

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GMO VenturePartners establishes US$12mil undertaking fund for SEA vicinity Specific consciousness on helping startups in marketing, e-trade, fee processing and phone offerings THE fashion of Japanese corporations increasing their interest and funding in the South-East Asia location maintains with the addition of GMO VenturePartners to the listing.   Tech In Asia first said the Japan-primarily based funding agency’s recent statement of a US$12-million task fund, which became installed in September, to look at opportunities inside the location.   The fund has a specific attention on assisting startups within the advertising, e-trade, fee processing and phone services space; with the primary recipient being Coda Payments, a Singapore-based totally startup dealing in micropayments, for an undisclosed sum.   The assertion [in Japanese] additionally stated that that the business enterprise is exploring the South-East Asia area as it sees similarities in the modern-day country of the ar...