Venture capital

Why Vertex Ventures is raising its bet on Southeast Asia

Demographics and GDP growth mean that consumer tech and fintech still have the potential to grow in the region, and that is why Vertex is raising more money in the next few months.

Vertex Ventures Southeast Asia and India hit the first close of $230 million for its Fund IV this month, and plans to raise another $50 million in the next six months. 

The fund, backed by Singapore state investor Temasek, will focus on investment in disruptive and transformational opportunities, especially in consumer tech and fintech. In an interview with FinanceAsia, Ben Mathias, managing partner of Vertex Ventures Southeast Asia India, explains how the fund chooses its investments in the region and adds value to the business.

“We have invested in technology-oriented businesses,” Mathias says. “SEA and India have a fast-growing internet population thanks...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222