Temasek-backed Vertex raises $230 million for new Southeast Asia fund
Updated : May 16, 2019 05:10 PM IST
The firm was an early investor in ride-hailing giant Grab. Its portfolio includes payments start-up InstaReM, online grocery platform HappyFresh and cryptocurrency exchange Binance.
Vertex expects a final close for the fund, it's fourth for the region, over the next few months, it said in a statement.
The combined Vertex Ventures Southeast Asia and India team operate out of three main offices in Singapore, Bangalore, and Jakarta.