Vertex Ventures SE Asia & India

Vertex Ventures Southeast Asia and India (VVSEAI ) is a prominent venture capital partnership managing the Southeast Asia and India portfolio of the Vertex Ventures global platform aEUR" a group of regionally-focused VC funds under the Vertex Holdings parent umbrella. Vertex Holdings Co., Ltd. (formerly Vertex Venture Holdings) is a wholly-owned subsidiary of Temasek Holdings, the Singapore government's state-investment company. The firm invests in high-growth start-ups seeking their first round of institutional venture capital funding across Southeast Asia (Singapore, Indonesia, Thailand, Vietnam, Malaysia, Philippines) and India. VVSEAI is led by Managing Partners Chua Kee Lock and Ben Mathias, with teams based in Singapore, Bangalore, and Jakarta. The firm has raised multiple institutional funds (VVSEAI Fund I, II, III at USD 210 million in 2017, Fund IV at USD 305 million in 2019, Fund V at USD 541 million in 2023 aEUR" exceeding a USD 450 million target), with aggregate AUM approaching USD 1.3 billion+ across vintages. Notable portfolio companies include Grab Holdings Limited (NASDAQ: GRAB, the Southeast Asian super-app unicorn, Vertex was very early Series A backer), PatSnap, Nium (fintech), FirstCry (Indian retail, IPO-bound), XPressBees, Licious (Indian meat-delivery), 17LIVE, Recko (acquired by Stripe), InstaRem, Cloudcherry, and many other leading Asian-technology companies.