Asia PE-VC Summit 2020: Why GPs are bullish on consumer, cross-border bets

Investors are increasingly betting big on the great consumption trend. The global pandemic has brought altered consumption patterns and user behaviour to sharp focus.

Consumer-oriented sectors have had to digitalize their businesses to survive the onslaught of the pandemic. As economies rely on domestic consumption themes, will the sector continue to see buyers prioritising “need to have” over “good to have” products and services?

At the Asia PE-VC Summit 2020, we have put together a panel –  The road ahead for consumer-focused investors in India and SEA – to delve deeper on this theme.

The topic is particularly relevant when economies across diverse regions are witnessing a slowdown due to the COVID-led fog of uncertainty. After all, the sector is at an interesting crossroads. Even as several sub-sectors within it such as healthtech, edtech, packaged goods, personal care and essentials are witnessing traction, one can’t deny that the larger consumer segment is also directly linked to the economy of any nation.

Some questions weighing in on people’s minds are: Will the recession in diverse regions pull down the growth of the sector? Does digitalization alone mean success for the industry?

Hear our panelists Nicholas Cator, managing partner at Venturi Partners, Deepak Shahdadpuri, managing director at DSG Consumer Partners, and VT Bharadwaj, general partner at A91 Partners share their perspective on the segment getting redefined by the region’s millennial population.

Earlier this year, Venturi Partners was on the road to raise $150 million for a new consumer-focused fund to target growth investments in India and SEA, while DSG Consumer Partners made its final close of its third fund at $65 million last year. Venture capital firm A91 Partners, established by former partners at Sequoia Capital India, also closed their maiden fund at $351 million last year.

Cross-border investments gather steam

We have also put together another session titled – India-SE Asia: Cross-border venture investing on the rise? The topic gains significance as a slew of fund managers gear up to broaden their geographic investment scope.

Akshay Bhushan, partner at Lightspeed (India and SEA), Raj Dugar, managing partner, India & Southeast Asia at Eight Roads Ventures and Kee Lock Chua, CEO at Vertex Holdings will explore the risk-returns profile of conducting deals across diverse markets, managing differences in valuation, exit timelines and LP expectations as gaps between regions diminish.

Recently, Lightspeed opened its first regional office in Singapore to facilitate its expansion with a focus on Indonesia and Singapore, while Eight Roads Ventures has already partnered with founders to build businesses across technology, consumer and healthcare sectors in the region.

Vertex, on its part, is also betting big on cross-border synergies to realize the greatest value of its funds and portfolio companies. Mid last year, the venture capitalist raised as much as $230 million in the first close of its fourth Southeast Asian fund to back technology startups across the region and India.

Catch these sessions live and more, now with a $100 off with code DSAREADER. Register Now!

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.