Bloomberg
(Bloomberg) -- Intudo Ventures, an Indonesian venture capital firm, closed a $115 million fund to increase its bets on early-stage startups in Southeast Asia’s biggest digital economy.The firm’s third fund, Intudo Ventures Fund III, will invest in about a dozen Indonesian startups that are set to grow rapidly, driven by rising private consumption and digitization, founding partners Eddy Chan and Patrick Yip said in an interview. Intudo will also seek less conventional investments such as Pintu,