fbpx

Emerging Trends Advisors Co., Ltd.
306/82 Moo.10, Nongprue, Banglamung,
Chonburi 20150 Thailand

Home » India » Akatsuki’s VC unit scouts for deals in India

Akatsuki’s VC unit scouts for deals in India

Mar 6, 2019 | Emerging Trends Advisors, India

Like most early-stage investment firms operating in these segments, AET Fund is betting on the growing number of internet users in India, the increasing penetration of smartphones, and lower data costs.

Akatsuki Entertainment Technology (AET) Fund, the venture capital arm of Tokyo-listed gaming and entertainment company Akatsuki, is the latest risk capital investor to scout for deals in the Indian startup ecosystem.

The $50-million (about Rs 352-crore) proprietary capital fund is looking to bet on content-focused startups, particularly those providing content in vernacular languages, gaming, entertainment and media in Asia’s third-largest economy. “We typically invest in seed and Series-A rounds, with a typical cheque size of about $500,000. We are investing in three regions — India, US and Japan,” Yuki Kawamura, principal at AET Fund, told ET.

According to Kawamura, AET is also working with Accel Partners and Blume Ventures, two leading VC firms operating in the country. “Because we are still quite new in this market, all of our investments, so far, have been co-investments with local partners. We will be co-investing for the next year or so with local VCs,” Kawamura said.

Make an Enquiry
Fill out the form and a member of our team will get back to you shortly. Usual response time 1-2 hours.


Kawamura said that the AET Fund has also partnered with other ‘top-tier’ VC funds, but declined to share names, citing confidentiality.

Like most early-stage investment firms operating in these segments, AET Fund is betting on the growing number of internet users in India, the increasing penetration of smartphones, and lower data costs.

“I am more than happy to engage with startups providing services and product that cater to that population,” Kawamura said. But the developments also come at a time when early-stage investments in India, particularly angel and seed-stage deals, have been seeing a steep drop in the country. Data from Tracxn, an aggregator of deal information, shows the strain in the space. The number of deals fell from 366 in 2016 to barely over 100 so far in 2018.

Article Source : economic times

Up to 15% Returns on Investment

Fixed return investments fully backed by properties.

*15% p.a. paid at the end of the term on capital gain option*

 

Submit your email address and a member of our team will contact you shortly. Usual response time is 1-2 hours.

ETA Client Alert | Hotel Operators

ETA - Client Alert | Hotel Operators Thailand's National Council for Peace and Order (NCPO) issued Order No. 6/2562 on 12 June 2019, to temporarily suspend the enforcement of town planning and local building control regulations on specific buildings that are used for...

ETA Rental Guarantee Feasibility Report

ETA | Rental Guarantee Feasibility ReportWe are confident enough in our product not only to secure your principal amount invested with a freehold title deed but to pledge further assets giving security to both the returns and any “Buyback Guarantees.”Hereʼs why!!We...

UP TO 15% PER YEAR FIXED RETURN

 

Flexible Terms

3 year investment plan, ideal for first-time investors.

Flexible Payment Options

Option to receive interest payments monthly or quarterly.