Argor Capital’s Mission: To Fund Startups that Make a Difference

Eksekutif, pebisnis
Summary

Go-Ventures, the venture capital arm of PT GoTo Gojek Tokopedia Tbk (GOTO), has rebranded itself as Argor Capital Management (Argor) and raised US$240 million from various investors.

The new fund, which includes sovereign wealth funds, institutional investors, corporations, and family offices from Asia, the Middle East, Australia, Europe, and the United States, will be managed independently by Argor’s partner Aditya Kamath. GoTo will remain as an investor in the fund.

Despite global macroeconomic challenges, Aditya said he was confident in the growth potential of tech startups in Southeast Asia. “We will stay focused on finding and supporting the best startups in Southeast Asia,” Aditya said on Tuesday.

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