Singaporean VC Panthera Growth Partners raises over half of its $250 million fund

The venture capital investment firm based in Singapore, Panthera Growth Partners has raised over 50% of its $250 million funds in its Fund II target.

• The VC intends to complete the raise by the year-end.
• The Fund II will be deployed to growth-stage startups of product-market fit in India and Southeast Asia.
• Founded in 2021, PGP invests in scalable and revenue-making tech-driven startups, with partnerships across the US, the EU, and India.
• The Fund I had $84 million invested across startups including Antuit, an AI platform, BigBasket, an online grocery store, and Pepperfry, a furniture marketplace among others.