VinaCapital plans to launch second technology investment fund this year

DFJ VinaCapital L.P. (DFJV), a venture capital fund that invests in start-up technology companies, is planning to launch a new investment fund in 2012, according to Than Trong Phuc, the fund’s director.
This will be VinaCapital’s second technology investment fund to focus on software and supporting industry sectors. In addition, the new fund will also expand investment in training sector. As estimated, the investment will not limit at $2 million/company but increase to $5-10 million/firm.

Enterprises seeking investment funds must have detailed and feasible business plans. There will be four main criteria for investment decisions, including the capable leadership team, products and market capacity for the products; the difference of the product and how business will organize production to can grow rapidly when required.

Than said that DFJV, established with the scale of $30 million, has been mainly focusing in investments in the software industry and supporting industries to high tech sector. In the past two years, DFJV has disbursed 80% of the total fund, focusing on 10 projects of software enterprises, with an average investment size of about $2 million/company.

DFJV’s capital sources are mainly focusing on software outsourcing projects, Internet services, value-added services on mobile phone networks, chip manufacturing companies and e-commerce as these are potential fields with good business efficiency. – Vietbiz24

Tags: VinaCapital

Posted by VBN on Jan 18 2012. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry