OSK-SBI Venture Partners launch second fund with US$20mil first close

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Debut investment into Allrites, a global film, TV, and sports content marketplace US$40mil fund target with seven year operation period targeting SEA startups OSK-SBI Venture Partners Ltd. (OSK-SBI) today announced the launch of its second venture capital fund to invest in category-defining companies across Southeast Asia.

By Digital News Asia June 26, 2024US$40mil fund target with seven year operation period targeting SEA startups

The first close of US$20 million in capital commitments highlights the continued strength of the cross-region collaboration between OSK Ventures International Bhd , an investment firm listed on the KL stock exchange, and SBI Holdings, a Japanese financial group, through its subsidiary, SBI Ventures Malaysia Sdn Bhd . Active fundraising for Fund 2, called OSK-SBI Dynamic Growth Fund 2 Ltd P, is on-going with the target to hit final close of capital commitments of US$40 million .

 

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