Vertex Ventures Southeast Asia & India

Vertex Ventures Southeast Asia & India is a corporate venture capital firm based in Singapore, established in 2010 as a part of Vertex Holdings. The firm focuses on investing in high-growth startups that are seeking their initial round of institutional venture capital funding, primarily in Southeast Asia and India. Key markets of interest include Singapore, India, Indonesia, and Thailand, as well as other emerging innovation hubs in the region. Vertex Ventures Southeast Asia & India leverages a network of venture funds across the United States, China, and Israel, allowing it to combine local market expertise with a global perspective to support the development of promising startups.

Joshua Agusta

Executive Director, Investments

Gary Khoeng

Partner, Investments

Puiyan Leung

Partner, Investments

Genping Liu

Partner

Nikhil Marwaha

Senior Executive Director

Ben Mathias

Managing Partner

Kanika Mayar

Partner, Investment and ESG Officer

Past deals in Vietnam

CoolMate

Series B in 2024
CoolMate is a Vietnamese menswear brand that specializes in a diverse range of apparel and accessories for men, including sportswear, office attire, and everyday clothing. The company operates exclusively online, utilizing its own e-commerce website as well as popular e-commerce platforms in Vietnam. Headquartered in Hanoi and Ho Chi Minh City, CoolMate focuses on the design, weaving, dyeing, cutting, and finishing of various products such as t-shirts, underwear, shorts, joggers, caps, and belts. By offering stylish and trendy options at reasonable prices, CoolMate aims to meet the fashion needs of modern men in Vietnam.

METUB

Venture Round in 2023
METUB Network is a digital entertainment company based in Ho Chi Minh City, Vietnam, focused on supporting artists, creators, and video producers. It operates an online platform that allows creators to register, create, upload, and share videos while also monetizing their content. Additionally, METUB Network offers a range of services, including channel development consulting, copyright protection, and promotional tools to help creators expand their audience and enhance their content. The company manages over 3,000 YouTube channels and generates more than 4 billion views monthly, positioning itself as a leading video and talent network in Vietnam. Through its various services, METUB Network enables creators to turn their passions into sustainable careers and fosters a vibrant community of content creators.

Validus

Series C in 2022
Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.

Validus

Series B in 2020
Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.

Validus

Series B in 2019
Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.

Validus

Venture Round in 2017
Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.

Grab

Series C in 2014
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

Grab

Series B in 2014
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

Grab

Series A in 2013
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.
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