With Pinn Lawjindakul, Vice President, Lightspeed
Sachin Bhanot, Head of SE Asia investments, Prosus Ventures
Akshay Bajaj, Venture Capital, SEA, Susquehanna International Group (SIG)

Indonesia is where all the action seems to be in SE Asia if interest by global strategic and venture capital investors is an indicator. 

In this discussion, we feature three leaders from global venture capital firms who have deepened their presence in SE Asia, particularly Indonesia. 

Prosus Ventures is a global consumer internet group and one of the largest technology investors in the world. Prosus has invested in Indonesia marketplace app Ula, wealth-tech platform Bibit, fisheries platform Aruna and logistics startup Shipper. From Prosus Ventures, we have Sachin Bhanot who heads SE Asia investments. Prior to joining Prosus, he was a member of the investment team at B Capital Group. 

Lightspeed Southeast Asia’s investments span early and growth-stage technology companies. Lightspeed is an investor in companies like Grab, Shipper, Ula, Pintu, Chilibeli and several more and has been investing in the region since 2018. Lightspeed vice-president Pinn Lawjindakul focuses on growing the Lightspeed platform in the region and provides direction for the firm’s investments in consumer and fintech firms.  

Susquehanna International Group has backed Paxel, HarukaEdu, Aruna, Pluang, and Segari in Indonesia. Akshay Bajaj has been a part of SIG’s venture capital team in SE Asia since early 2016.

In this session, we will explore a range of threads including advantages or disadvantages that global funds have over local players in accessing deals, the creation of a high-valuation environment given the intense competition for a smaller pie, due diligence challenges, co-investment trends and more.