By Ardi Wirdana
Grab’s acquisition of Kudo will be a positive reference for startups and investors as far as consolidation is concerned, Nugroho said.
IIFL India PE Fund is targetting to raise up to Rs 1,500 crore.
The demographics and talent pool of Indonesia and Vietnam are the key reasons for Access Ventures to select these markets to focus on in Southeast Asia, said Rim.
The Centurion Student Accommodation Fund is the company’s second such vehicle, which targets purpose-built student accommodation investments across the world, excluding the US.
Kejora is currently deploying from a joint fund with S Korea’s Intervest that has a target corpus of $100 million.
The 2019 elections will increase volatility in the short term but are unlikely to impact the investment strategies of strategic investors, he said.
The VC firm closed its maiden fund at $360 million in 2018.
The venture capital firm recently raised an additional $21 million for its third fund, taking the total amount raised by the vehicle to $321 million.
Value creation, and not financial engineering, will deliver results for private equity in the Vietnamese market, according to Chris Freund, founder and partner at Mekong Capital.
Toyota is future-proofing itself by backing firms like Uber & Grab.