With these initiatives as a backdrop, the new company provides not only capital, but also total support including business planning, organization structure, and developing stable system based on knowledge and experience in Internet related businesses.
The company is capitalized at 100 million yen. It does not raise a fund externally and invests 1 to 10 million yen in seed/early stage ventures in Internet and mobile from its own capital.
EC Navi itself has invested in several startups including Cerevo, Internet consumer appliance maker, and two in Vietnam and one in Indonesia. The new venture capital also plans to invest in startups in Japan and other Asian countries including China.
Venture Now 3/25/2011
- EC Navi provides a price comparison service and is an affiliate company of CyberAgent.