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...

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