Singapore-based M Venture Partners raises additional capital for MVP Fund I


The total capital granted to MVP Fund I companies has now exceeded $55 million thanks to additional funding of more than $25 million raised by M Venture Partners, a Singapore-based seed venture capital fund.

In May this year, the venture capital firm secured $30.85 million out of $55 million.

According to the official press release, MVP Fund I has made 30 investments in Southeast Asia and India since its launch in late 2019.

Portfolio companies include NewCampus, a cutting-edge leadership school that provides management education to hyper-growth companies in Southeast Asia, Liquide, an on-demand investment advisory platform for equity investors based in India, and Naluri, a multidisciplinary behavioral health coaching. Begin.

Mayank Parekh, Founder and CEO of M Venture Partnerssaid: “The MVP team continues to work closely with our portfolio even as they reach later stages of growth, so the expanded corpus allows us to continue to support our most promising founders with additional capital. and value-added support as they scale to the next inflection point.This means that depending on traction, the size of MVP checks can range from a few hundred thousand dollars to several million dollars.

According Arjun Balaji, co-founder and CEO of Gourmet Garden, a company that uses a unique supply chain to disrupt the Indian fresh fruit and vegetable market, he said, “It’s great to have the entire MVP team on the Gourmet Garden journey. Their first investment was in 2021, and they followed when we raised again in 2022.”

“Personally, the most remarkable characteristic for me is the strength of their belief in the people and businesses they support. They go hand in hand, visible in word and deed, and are truly a long-term ally for the founder.

Tanuja Rajah, Director at MVP, said: “We have only deployed 40% of our capital so far and so we have quite a bit of dry powder left. Driven by our belief that some of the best and most influential companies will emerge from Southeast Asia and India over the next few years, we are not slowing our pace of investments despite current market conditions.


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