Kejora Announces Achievements of Kejora Star Capital II Fund

One of the venture capital companies that actively provide funding to Indonesian startups Kejora Ventures announced its success in raising funds for the Kejora Star Capital II Fund. A third of the total targeted $80 million has been raised from several well-known investors, such as Barito Pacific Group, Charoen Pokphand Thai family, and Hubert Burda Media.

The funds in the Kejora Star Capital II Fund have been injected into 6 startups, namely C88Fintech Group, Qareer Group Asia, Etobee, Investree, Pawoon, and MoneyTable.

Responding to this achievement, Kejora Ventures Founding Partner Sebastian Togelang expressed his pride. According to him, apart from being proud of the achievements of Kejora Star Capital II, he is also proud of the growth performance of the funded startups. About 85% of the total invested is in brilliant performance.

“This funding strengthens our commitment to building a digital-based company. Kejora focuses on identifying successful business models in developed countries and implementing them in Southeast Asia which has a population of more than 600 million. Kejora strives to unite entrepreneurs with experts, cutting-edge technology and a strong network from all over the world, thereby opening up opportunities and providing access for our investors and partners,” he added.

Kejora Ventures was founded in 2014. Kejora Ventures has one of the largest technology ecosystems in Southeast Asia. The company, led by Sebastian Togelang, Andy Zain and Eri Reksoprodjo, has invested in 29 startups. Names such as Etobee, Pawoon, Jualo, and Investree are in their portfolio. At this time, Kejora is said to have just set up his office in Thailand.