MUFG consolidates Ganesha Fund with Dragon, eyes $600 million second fund

Launched in 2023, Dragon Funds invests in growth-stage technologies and technology-enabled companies globally, with India as a focus. The investment firm had backed Indian startups such as Meesho, Zepto, MoEngage and KreditBee through its previous $500 million global fund. The second fund will attract domestic and international investors with opportunities in fast-growing markets around the world, including India.