"There has to be a shift towards an economic model, which delivers profit. When you build good businesses with strong propositions, market leadership,
Indonesia’s used car industry is currently seeing digital disruption from several local and regional players.
Factors such as ‘differentiation,’ ‘scalability,’ and ‘brand recall' are key to the road to profitability, says Ambareesh Murty.
The $14-million micro fund is targeting up to 100 investments in Vietnamese startups.
SGInnovate has invested over $40 million in more than 60 deep tech startups since its inception in 2017.
Most consumer startups and fintechs do not have an NBFC licence and depend on their banking or NBFC partners for repayment of loans.
As more global firms are raising Asia-focused funds, competition in the region is intensifying, says ShawKwei Partners founder and managing partner Ky
Sorabel President Jeffrey Yuwono says the company has closed “some commitments” for its new round.
The venture capitalist has recently made its first close of the second fund at over $20 million.
Concurrently, the firm has reached the first close of its second annex fund, DSGCP Buildout II, at $35 million.
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