This Mother’s Day, the Obama Foundation was inspired by the incredible moms in their global network of leaders who are not only changing their communities, but raising the next generation of changemakers.
One of those leaders is Roshni Mahtani from Singapore.
Fasanara Capital, an alternative asset manager from the UK, said it has teamed up with Singapore fintech firm Validus to provide SGD 50 million (USD 37.4 million) that will boost lending for small and medium enterprises.
Our Vertex Ventures SEA & India team chats with Bisu Lalchand from KukuFM. KukuFM is India’s leading audio platform where users can enjoy listening to audio books, stories, podcasts, news and courses across a wide variety of genres and regional languages. Vertex Ventures SEA & India invested in KukuFM’s Series A round and have been working closely with the team.
Here’s what inspired Bisu, Vinod and Vikas to start KukuFM and their startup journey thus far.
Recently, our Vertex Ventures Southeast Asia and India portfolio company, PatSnap, announced their USD 300M Series E round with over USD 1B valuation. Their bid to join the unicorn club wasn't an easy feat, where the team embarked on their journey with little funding and limited experience running the ground.
PatSnap raised their first VC investment in 2014 from Vertex Ventures SEA & India when intellectual property was relatively nascent in Southeast Asia. Since then, we have the pleasure of journeying with them and witnessing their tremendous growth.
With approximately 197 million internet users and a 9% growth from last year, the Internet has provided Indonesians access to different services. One of the beneficiaries is the F&B industry. The consumer food service industry in Indonesia is estimated to be at USD 42B with strong growth in online channels. In the last four years, online channels have been growing at least 5x more than offline channels.
With the accelerated usage of delivery services coupled with high social media engagement, we began developing a conviction towards this sector.
SMALL and medium enterprises (SME) financing platform Validus and technology company Siemens launched a channel partner financing programme on Tuesday for Siemens Digital Industries' ecosystem of distributors in Singapore.
This aims to provide Siemens' channel partners easy access to financing for their purchases, thereby allowing distributors to address short-term cash flow needs and capitalise on growth opportunities.