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Jungle Ventures launches $10 million super angel fund for Asian statrtups

At a time when inflow of Venture Capital has seen a significant slowdown in India, Singapore based early stage Venture Capital firm Jungle Ventures has launched a $10 million pan-Asian super angel fun with larger focus on the country. The firm has raised money from leading angel investors, entrepreneur and tech executives. VC investment in India, one of the largest Asian markets during the first 9 months of 2012 was at $ 596 mn across 157 deals, down by 22 % compared to $ 768 million in the same period last year.
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