MUFG and Bank Danamon Sets up US$100 Million Fund for Indonesian Startups

MUFG Innovation Partners (MUIP) and MUFG Bank, subsidiaries of Mitsubishi UFJ Financial Group (MUFG), has set up a US$100 million fund with Bank Danamon Indonesia. The fund named MUFG Innovation Partners Garuda No. 1 Limited Investment Partnership is MUIP’s third