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MDI merges Southeast Asian programs and launches $200 million fund | AVCJ

MDI Ventures, an investment firm backed by Telkom Indonesia, has merged two existing programs to form Ascent Venture Group, which is seeking to raise $200 million for its rollout in Southeast Asia.

The two constituent parts of Ascent are Arise, an early-stage specialist co-established with fintech-focused Finch Capital, and Centauri Fund, which was launched with Korea’s KB…

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