Jungle Ventures has announced the final close of its second fund at $100 million, from investors including Temasek Holdings, International Finance Corporation, National Research Foundation (NRF) of Singapore and Hubert Burda Media. The fund will target series A and select series B investments primarily in Southeast Asia, India and Australia, particularly when the latter businesses might expand to Southeast Asia. The investment fund had earlier launched a $10 million seed fund back in 2012. In India, it has invested in startups like Tookitaki, Milaap, ZipDial, Mobikon etc. Tech funds this year: This year, multiple firms launched funds which would be used for internet, technology, electronics and IOT among others: Accel Partners recently raised $450 million for its 5th India fund, YourNest launched a $45 million fund startups in technology, Ideaspring Capital launched a $18.7 million fund, Entrepreneurship & Venture Capital…
