Jungle Ventures, +15 more. ... Anurag Srivastava. It is 50 per cent, not 15 per cent. Anurag’s has personally invested in many early stage companies across the world many of who have subsequently achieved impressive exists. “We are continuously focused on doing between 10 and 15 deals per fund. His wealth jumps $25 billion in just one day, Easy Trip Planners IPO subscribed 160 times. For its previous two funds in 2013 and 2016, it had raised $12 million and $100 million, respectively. Founders. Thanks to rising internet penetration, demographic shifts and mobile-technology adoption over the last decade, the region is now home to a fairly homogenous addressable market of more than 250 million cyber-sophisticated young people comparable to any ‘developed’ market. Jungle Ventures, a Singapore-based venture capital (VC) firm that has invested in several Indian startups, has raised $240 million for its third fund. Amit & Anurag. In addition to its capital investment, JLL has entered into an agreement to sell Saltmine’s software directly to its customers […] Founded. See the complete profile on LinkedIn and discover Anurag’s connections and jobs at similar companies. Product lifecycle management company Sconce Solutions, pioneering workplace design company Space Matrix Group, founded with wife Shagufta Anurag, which has grown from US$1mn to US$175mn, & award winning animation studio One Animation who distribute their content in 180 countries across Netflix, Hulu, Amazon, Cartoon Network & Disney gaining 25 awards & 2 Emmy nominations along the way.Â. Some of Jungle… Singapore-based Jungle Ventures (see its homepage here) tends to invest in series A stages and also operates an early stage accelerator in Singapore. Updated: 30 Oct 2019, 07:00 AM … Email. The firm is focused on software, both regional and global, and consumer-driven sectors, which include categories such as travel, e-commerce, fintech, logistics, direct to consumer brands, etc. “We invest in really strong Indian companies which have a good opportunity in Southeast Asia or a global perspective. Jungle Ventures has backed Indian startups, such as Moglix, Tookitaki, ZipDial, Mobikon, Livspace, Engineer.AI and Vayana, and helped some of them expand across Southeast Asia or globally. These are Series A and Series B (rounds). Anurag Srivastava These investors include DEG, Germany’s development finance institution; IFC, a member of the World Bank Group; Bualuang Ventures, a corporate VC fund of Bangkok Bank; Dutch development bank FMO; Cisco Investments and Singapore’s Temasek, among others. The Jungle Ventures III fund includes $40 million raised in separately managed account commitments, the statement added. The venture firm has invested in 30 companies through its first fund. About Founding Partner of Singapore based Jungle Ventures that invest and helps build tech category leaders from Asia. Jungle Ventures also led a $60 million investment in Deskera, a cloud-based business software provider, based in Singapore. As an investment committee member for Accel partners in India Anurag invested in tech firms like Myntra, a fashion ecommerce company subsequently acquired by Flipkart in the biggest ecommerce consolidation of 2014. If you look at Moglix, Livspace, or Mobikon, we invested in these companies when they were India-based, but a lot of them have now expanded to Southeast Asia," he said. Anurag’s main driver is Jungle Ventures, which he co-founded in 2011 with Amit Anand. Looks like you have exceeded the limit to bookmark the image. Amit Anand, Anurag Srivastava. Indian Institute of Technology, Kanpur. Jungle Ventures raises $240 mn for third fund 2 min read. Our first cheque is usually $3-4 million, and we continue to follow on with those companies in subsequent rounds," Srivastava said. Jungle Ventures is a Singapore based Venture Capital Firm that invests in and helps build tech category leaders from Asia. Oops! A strong believer in giving back, Anurag’s philanthropic journey began when he co-founded billionBricks, a non-profit innovation studio that utilises design and technology as primary tools to provide innovative housing solutions to the homeless. Join Mint channel in your Telegram and stay updated with the latest business news. View Anurag Srivastava’s profile on LinkedIn, the world’s largest professional community. He helped building HCL Technologies to a US$10bn giant by connecting the India-centric business with the APAC region before subsequently having a lasting impact on multiple US technology companies as they sought to tap into new Asian & European markets. JLL has also agreed to sell the startup's software directly to its customers, said Saltmine. The team at Jungle Ventures comprises of ex-Founders, Operating Partners, and functional experts who bring over decades of relevant operating and investing experience in Southeast Asia and India to support the startups as they scale regionally and globally. Founding Partner. These include Eloqua which was acquired by Oracle for US$1.2bn, Encentuate which was acquired by IBM & Indian company HolidayIQ acquired by Lastminute.com. The firm will invest in innovative technology and digital-driven consumer businesses across Southeast Asia from this fund. Jungle Ventures, one of Southeast Asia’s largest early-stage venture capital firms, has announced that it closed its third fund, Jungle Ventures III. Existing investors, Singapore-based Jungle Ventures and Xplorer Capital also participated in the series A round. “The traditional view of Southeast Asia is that it’s a fragmented region of countries with more differences than similarities. Jungle Ventures was the earliest institutional investor in Southeast Asian companies such as travel and hospitality startup RedDoorz, fashion e-tailer Pomelo Fashion, and Kredivo, an online consumer lending and payments platform in Indonesia, the statement added. His entrepreneurial career began in 2006 as he used his extensive cross-market operational experience to turn exciting concepts into a diverse range of sustainable businesses that still thrive today. Jungle, meanwhile, is one of South-east Asia's oldest and biggest early-stage VC firms with an aggregate enterprise value of US$4 billion (S$5.5 billion). Name. Anurag has 17 jobs listed on their profile. One George Street #07-02 Singapore 049145, No spam. Sign up to uncover company details. Last month we saw the group ploughing $1 million in seed funding into Travelmob, the Airbnb-like travel site set up by the former managing director of Skype Asia. A passion for growing borderless technology businesses defined Anurag’s professional career. Copyright © HT Digital Streams Limited All rights reserved. Existing investors, Singapore-based Jungle Ventures and Xplorer Capital also participated in the Series A round. (ki-ka) Founding Partner Jungle Ventures Amit Anand, Managing Partner Jungle Ventures David Gowdey, dan Founding Partner Jungle Ventures Anurag Srivastava. A passion for growing borderless technology businesses defined Anurag’s professional career. Existing investors — 3One4 Capital, Unitus Ventures and Venture Highway also participated in the round. The firm invests $8-15 million in a company, on an average, he said. Jungle Ventures a venture capital firm provides early stage investments and business building infrastructure to startups in Asia Pacific. Employee contacts. Jungle Ventures is a Singapore based venture firm that invests and helps build tech category leaders from Asia. 5 free credit every month. Jungle Ventures is usually open to offering investment quantums of around $3 million while managing a portfolio size of 15 key companies. With this round, Betterplace has raised a total of $16 million till date. Anurag Srivastava. According to a press statement from Jungle Ventures, more than 90% of the capital for the third fund came from institutional investors from North America, Europe, West Asia and Asia. Existing investors, Singapore-based Jungle Ventures and Xplorer Capital also participated in the series A round. Founded in 2012 by Amit Anand and Anurag Srivastava, Jungle Ventures recently announced the final close of its $240 million third fund. Anurag Srivastava is Founding Partner at Jungle Ventures Pte Ltd. See Anurag Srivastava's compensation, career history, education, & memberships. 33 were here. Their most notable and award-winning solutions are weatherHYDE, a life-saving emergency tent which protects the vulnerable from extreme weather and powerHYDE, the world’s first carbon positive residence for the homeless. In case you can’t find any email from our side, please check the spam folder. Singapore. Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come to learn. Ltd. operates as a venture capital firm. Just the latest news from Jungle. NEW DELHI: Jungle Ventures, a Singapore-based India and Southeast Asia-focused venture capital firm, has made the final close of its third fund at $240 million, going past its initial target corpus by $20 million. A visionary entrepreneur driving limitless growth for exciting Asian technology businesses. Founded in 2010, Jungle Ventures is a Singapore based venture capital firm that primarily focuses on Series A and B investments in SE Asia and India. You are now subscribed to our newsletters. Anurag Srivastava Co-Founder Jungle Ventures and SMG Group. Managing Partners Amit Anand and Anurag Srivastava on the Jungle Ventures mandate, the prolific growth of e-commerce and more Correction: A previous version of this article misstated the return on capital for Jungle Ventures’ first fund. istimewa) Jungle Ventures, perusahaan modal ventura yang berbasis di Singapura mengumumkan komitmen investasi jangka panjangnya di Indonesia. Social media. Singapore-based venture capital firm Jungle Ventures has topped up its investment in Saltmine, the San Francisco-based digital workplace design platform that raised $20 million in Series A funding.. He helped building HCL Technologies to a US$10bn giant by connecting the India-centric business with the APAC region before subsequently having a lasting impact on multiple US technology companies as they sought to tap into new Asian & European markets. Phone. Grey market premium, other details, VC firm will invest in innovative tech, digital-driven consumer biz in Southeast Asia, Jungle Ventures raised the capital from DEG, IFC and Bualuang Ventures, among others. Jungle Ventures Pte. It'll just take a moment. Something went wrong while submitting the form. Investors that participated in the round include Singapore-based Jungle Ventures and Xplorer Capital, as well as JLL Spark, the strategic investment arm of commercial real estate services firm JLL. Jungle Ventures raises $175mn from Temasek, IFC & others Founded in 2012 by Anurag Srivastava and Amit Anand, Jungle Ventures invests in technology and … Oops! (dok. Jungle invests across all early stages of start-ups and has 40+ investments in Singapore, Indonesia, India, Australia and other hotbeds of entrepreneurial activity in Asia. Anurag’s Jungle Ventures is also in the process of raising its second fund. “Seven of our early-stage investments from our second fund, have grown to over $2 billion in portfolio valuation, up more than 10-fold over the last four years," Srivastava added.
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