20-Sep-23 12:00

Carmen Yuen, General Partner, Vertex Ventures Southeast Asia and India

Vertex Ventures Southeast Asia and India (VVSEAI) has completed the fund raising for its fifth fund (Fund V), with commitments of USD 541 million. Fund V is now 80% larger than Fund IV, which was raised in 2019.

Fund V will invest in high-growth startups seeking their early round of institutional funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand, Vietnam, Malaysia and other emerging hubs across the region. These will comprise companies in sectors such as enterprise technology, fintech, consumer internet, digital health, sustainability and mobility.

To learn more about Fund V, how the USD 541 million could be deployed, and for Vertex Ventures' view on the Southeast Asian and Malaysian startup landscape, we spoke with Carmen Yuen, General Partner at Vertex Ventures Southeast Asia and India.

Who is Vertex Ventures Southeast Asia and India?

Vertex Ventures is an early stage VC that focused on Seed, Series A and Series B rounds and is focused on Southeast Asia and India.

Some of the companies they've invested in include: Used two-wheeler e-marketplace Beepkart from India, Malaysia's very own StoreHub which is an all-in-one POS system, and Singapore-headquartered cross-border payments company Nium.

Image credit : vertexventures.sg