KKR, one of the most active private equity investors in technology businesses, sees a long runway for growth in the sector in Southeast Asia. Its tech portfolio in the region includes ride-hailing and e-commerce behemoth GoTo, real estate listings platform PropertyGuru and digital and financial services firm Voyager Innovations.
As it extends its mandate to back earlier stage, high-growth technology companies, it zeroed in on Vietnam-based business management software provider KiotViet last month. Its investment in the firm was its first in Southeast Asia from its Asia Next Generation Technology (NGT) strategy.
