Venture Capital

Marking its entry in India, GGV has made two investments in 2019.

The industry-agnostic fund focuses on providing growth capital to startups in Indonesia and the rest of Southeast Asia.

Early-stage (Angel/Pre-Series A) investors committed USD 97.1 million in 2019, more than twice of USD 46.8 million in 2018.

India also saw a few new funds coming out in the market led by former CEOs, IT czars, and entrepreneurs.

The Chinese tech giant has six major investments in Southeast Asia.

Social commerce, gaming, local language-based businesses are a few spaces that investors can’t miss in 2020.

Japanese investors have landed in India with a long term view, bringing expertise, discipline, and patience along with the capital.

Tencent Holdings’ president Martin Lau had warned earlier this year of a sharp downturn due to “bigger challenges” in 2019.