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What the Fark? Pinky is now funding USA start-ups !!!!! WTF?



IDA revealed that its investment arm Infocomm Investments (IIPL) will be extending its US$200 million fund to US tech startups. Previously, it was open to Singaporean startups, as well as European ventures via the Startupbootcamp initiative. According to a statement, it has already invested in a number of US-based startups such as Twilio, DataXu, and Quid.
The purpose of this is to attract tech startups that have an interest in expanding into Asia .............