Jungle Ventures
Southeast Asia IPOs: Opportunity knocks
A breakthrough offering in Indonesia and regulatory progress in Singapore highlight Southeast Asia’s growing viability as a tech IPO market. It’s unclear how well this is being communicated globally
India blue-collar HR start-up gets $24m
Indian blue-collar workforce management platform BetterPlace has raised a $24 million Series C round led by CX Partners and Jungle Ventures.
Jungle hits $225m first close on fourth SE Asia VC fund
Singapore-based Jungle Ventures has reached a first close of $225 million for its fourth Southeast Asia fund after four months in the market. The target is $350 million.
India's Leap Finance raises $55m Series C
US education technology specialist Owl Ventures has led a $55 million Series C round for Leap Finance, an Indian start-up that helps students pay for overseas studies.
KKR leads Series B for Vietnam MSME digitalization platform
KKR has led a $45 million Series B funding round for KiotViet, a sales management software developer that serves Vietnam’s micro, small and medium-sized enterprise (MSME) community.
Asia fintech: Platform plays
Expansion is the dominant theme in financial technology as start-ups leverage existing assets to enter new verticals, typically in lending. Which ones will become Asia’s preeminent platforms?
Deal focus: L Catterton backs Social Bella to emulate Perfect Diary
Social Bella has risen to prominence in Indonesia as an omnichannel distributor for other beauty brands, but the start-ups is now developing some of its own. L Catterton is backing this diversification drive
L Catterton backs Indonesia's Social Bella
L Catterton has made its first investment in Indonesia, leading a $56 million round for Social Bella, operator of the beauty industry platform Sociolla.
Jungle leads $17m round for India edtech, fintech player
Singapore’s Jungle Ventures has led a $17 million Series B round for Leap Finance, a financial technology provider targeting the Indian education space.
Jungle joins $46m Series D for India's Turtlemint
Indian online insurance broker Turtlemint has closed its Series D round at $46 million following a significant contribution from early-stage investor Jungle Ventures.
Southeast Asia's shadow capital: Out of the darkness
Shadow capital – non-traditional pools of money held by sovereigns and corporates – has become a fixture in Southeast Asia’s tech space. Start-ups stand to benefit, but they must pick partners with care
Deal focus: Waresix builds Indonesia’s logistical lynchpin
Jungle Ventures and EV Growth lead $75 million round for Waresix, backing the company's integrated platform as a solution to Indonesia's logistics challenges
Indonesia's Social Bella raises $58m Series E
Social Bella, an Indonesian online services provider for the beauty and personal care industry, has raised $58 million in Series E funding.
Coronavirus & Southeast Asia VC: Unpleasant surprises
Start-ups in Southeast Asia have few capital sources, so it helps that the region’s VCs are well-funded – assuming they are ready to invest
Southeast Asia VC: Different strokes
Ahead of an expected increase in LP interest, Southeast Asian VCs vie to stand out from the crowd by fine-tuning strategies to capture the virtues of both generalists and specialists
Indonesia's Waresix lifts Series A to $25.5m
Indonesia trucking and warehousing platform operator Waresix has closed an extended Series A round at $25.5 million following new contributions from EV Growth and Jungle Ventures.
Indonesia e-commerce player Evermos gets $8m Series A
Evermos, an Indonesian social e-commerce company focused on halal and sharia-compliant products, has raised an $8.2 million Series A round from a group of VCs.
Profile: Jungle Ventures' Amit Anand
Across the checkered early stages of his career, Amit Anand intuitively gravitated toward the technological engine of developing Asia. This underpinned the creation of Jungle Ventures
Temasek, EV Growth lead $40m round for Indonesia's Social Bella
Temasek Holdings and EV Growth have led a $40 million Series D investment in Social Bella, an Indonesian online services provider for the beauty and lifestyle industry.
Singapore hotel platform RedDoorz gets $45m Series B
Singapore-based hotel management and booking platform RedDoorz has raised $45 million in a Series B round led by China’s Qiming Venture Partners.
EV Growth leads $14.5m round for Indonesian logistics player
EV Growth has led a $14.5 million Series A round for Indonesian logistics industry technology provider Waresix.
Technology key to Vietnam consumer deals - AVCJ Forum
Technology is a critical factor for any investor looking to participate in the Vietnam consumer story, whether they are backing retail businesses directly or any sector proxies, industry participants told the AVCJ Vietnam Forum.
Southeast Asia VC: Growth agenda
Growth funds targeting B and C rounds for technology start-ups continue to gain traction with Southeast Asia venture capital managers keen to fill the late-stage funding gap
Jungle reaches $175m first close on SE Asia VC fund
Singapore-based VC investor Jungle Ventures has reached a first close of $175 million on its third Southeast Asia-focused fund. The vehicle has an overall target of $220 million.