News Snapshot:
KB Investment bulks up VC funds as parent group drives SE Asia expansion 2020-09-21 KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in Indian startups, shortly after it deployed about 50 billion won in eight Indian startups . The fundraising comes as its banking and brokerage affiliates are making their foray into the Southeast Asian market, including Indonesia. The new investment vehicle is a follow-up to the 220 billion won VC fund, dubbed the KB Growth Platform fund, which the KB Financial unit...
