10 May, 2019E27.CO
JG Summit Holdings, a large conglomerate in the Philippines, has launched a US$50 million fund to target startups that operate in sectors similar to its current holdings, according to Esquire.
Called JG Digital Equity Ventures (JG DEV) the venture fund is part of an effort to “build new businesses beyond its core”. It wants to invest in companies that will either supplement or disrupt its current holdings....
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