Vertex expects to raise at least $400m for new SE Asia and India fund

Vertex expects to raise at least $400m for new SE Asia and India fund

Vertex Ventures SEA and India team. Photo: Vertex website

Venture capital firm Vertex Ventures, which is backed by Singapore state investor Temasek, expects to raise at least $400 million next year for a new fund focusing on Southeast Asia and India, a senior executive said.

“Probably, the second quarter of next year is when we’ll kick off the process for our fund five,” Ben Mathias, a Bengaluru-based managing partner at Vertex Ventures Southeast Asia and India, told Reuters during a visit to Singapore.

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