The Top VC’s in Singapore – Jungle Ventures – Partnering With Future Leaders To Build Category Defining Businesses!

Jungle Ventures is a Singapore based Venture Capital firm founded by Amit Anand and Anurag Srivastava. The firm funds and supports ventures that tackle the market needs relevant in the Asia-Pacific, helping them scale across the region. The company aims to build tech leaders from Asia, that have a market in Asia while being competitive in the Global Market as well. 

Jungle Ventures -About The Company

Jungle Ventures focus primarily on Seed and Early Stage Venture Investments across predominantly tech-based startups. Founded in 2012, they invest in startups in Digital Media, Ecommerce, Fintech, Big Data, Analytics and Software as a Service (SaaS) to name a few. The company has investments in Singapore, as well as the US and various countries in the Asia Pacific region. This includes India, Thailand, Malaysia, and even Australia. 

Fundraising

The company has raised a total of over $640 Million across 3 funds, with their latest, Jungle Ventures Fund IV raising a total of $300 Million in April 2021. They have made a total of 85 investments, with 45 lead investments, 11 exits and a single diversity investment on their portfolio. The firm has made quite a few investments recently, after their latest round of funding. Overall, they focus on tech-related companies varying from e-commerce, sustainable technology, B2B solutions and others. 

The Growth Curve

Jungle Ventures have recently invested in a slew of companies after their latest funding rounds in April. 

Their most recent investment in CityMall, an Indian Social commerce startup. Their latest Series-B round of investments raised a total of $22.5 Million, with Jungle Ventures being one of the leading investors. The same company was funded by them during their Series-A funding rounds as well.

Sociolla, an Indonesian beauty and personal care company was also funded by them, as announced on 4 May 2021. This was the Venture round for the company, where it secured a total of $56 Million for expansion, backed by Jungle Ventures and leading investor L Catterton, along with 2 others.

They also announced their funding for Vietnamese Electric Bike Manufacturing startup Dat Bike. Jungle Ventures was the lead investor in their Seed round which raised $2.6 Million. 

Their notable diverse investment was a US-based workplace solutions platform called Saltmine. Founded by women, Saltmine empowers firms to create a positive work environment where employees would love to work. The workplace design company attracted $20 Million in funding, led by Jungle Ventures. 

The Verdict

The latest round of Jungle Ventures Fund IV saw a significant influx of capital towards startups and early-stage companies in the tech field. The International Finance Corporation, which is the investment arm for the World Bank, poured $25 Million into the company, all aimed towards early-stage startups in tech.

Due to Covid-19, digital solutions for conventional sectors like shopping and home services have seen an invigorating spike. A firm like this that focuses on tech can easily capitalize on this situation to make significant investments in the future. The newfound need for technological solutions for the Asia-Pacific market requires strong backing to be fulfilled to its highest potential. Jungle Ventures aim to take this spot, creating innovative tech leaders from Asia, specifically the Asia Pacific region.

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