Despite global challenges, SE Asia, especially Indonesia, continues to remain somewhat insulated because of macro trends such as an expanding middle class, a young and digitally-savvy population, global demand for commodity exports, and a relatively stable political environment. The macro drivers coupled with accelerated digitalization have made the region attractive for venture capital activity. However, challenges remain when it comes to fundraising, building scalable companies, and delivering strong exits from the region.
We have a group of prolific investors from the region who will share their perspectives on how they are navigating the current market cycle.
Meet Jefrey Joe of Alpha JWC Ventures, an Indonesia-focused early-stage firm that raised $433 million for its third fund in the largest final close by a SE Asian VC firm in 2021. Jefrey Joe is a venture capitalist with a tech, product, and consulting background. He sits on the board of some of Indonesia’s fastest-growing startups, including Kopi Kenangan, Kredivo, and Lemonilo.
AC Ventures managing partner Helen Wong was ranked among the top 100 VCs in China and the top 25 female VCs in China by Forbes. Prior to joining AC Ventures, she was a Partner at Qiming Venture Partners, focusing on its internet and consumer sectors. Her successful exits include Mobike, LuoJiSiWei, and Lagou. She led the firm’s SE Asian investment strategy and has invested in Akulaku (unicorn), and RedDoorz. Prior to Qiming, she was a founding member at GGV Capital for approximately 10 years in China and Silicon Valley.
Eddy Chan is a founding partner of “Indonesia-only” independent venture capital firm Intudo Ventures. Intudo’s portfolio companies include Xendit, Pintu, Pinhome, Halodoc, Kargo, PasarPolis, Nalagenetics, Populix, and more. Intudo closed its third fund at $144 million.
Karan has 18 years of global experience with over 11 years in technology-focused venture investing. At B Capital, Karan Mohla leads early-stage investments in India & South-East Asia. B Capital Group this year closed its $250-million early-stage Ascent Fund II, which seeks to invest in pre-seed to Series A rounds globally.
Watch the full session here on DealStreetAsia :
