e27's inaugural VentureCon draws investors from APAC and beyond
VentureCon, e27’s first invite-only initiative, conducted yesterday, brought together investors, VCs, and govt regulators from across AsiaBy Terence Ng 17 Jan, 2014
VentureCon, e27‘s first closed-door initiative that caters to investors all around Asia, was successfully conducted yesterday. The aim of the event is to bring together angel investors, venture capitalists, and government regulators on a common platform to share experiences and plans, and work towards a more vibrant venture investment community in the region.
VentureCon kicked-off with a keynote session by Roger Egan, Co-founder and CEO of RedMart. The next keynote address was by Razmig Hovaghimian, Co-Founder and CEO of Viki. Both dignitaries spoke about the funding scenario in Asia, giving an exclusive founders’ eye view, along with the challenges of their respective startups. They also shared the history of funding with the investors in attendance.
Post the insightful sessions, came two panel discussions. The first one was about the evolution, challenges, and opportunities of Series A fundings in the APAC region. Topics discussed included pertinent investment issues such as the gap between seed and Series A fundings, as well as the increasing presence of investors and VCs from Japan, US, and China.
The next panel was on the opportunities and challenges of investing in Southeast Asia for Japanese firms, giving the audience an inside peek at the workings of Japanese investors.
After breaking for lunch, which proved to be a great networking opportunity, came the remaining three keynote sessions. The first was by Khailee Ng, Venture Partner of 500 Startups. His animated, lively delivery charmed the audience as he talked about investing in Southeast Asia from the perspective of a Silicon Valley accelerator, illuminating the differences in attitudes Asians and Americans have towards funding.
The last two sessions were by Adrian Vanzyl, CEO of Ardent Capital, and Anthony Liem, CEO of Merah Putih. Here, they talked about the challenges and opportunities with regards to investing in Thailand and Indonesia respectively. The information they shared gave a unique insight into each country; for example, the Thai economy grew in spite of political unrest, and that Indonesia had no robust venture ecosystem even as recent as 2012.
The first effort at VentureCon was a resounding success and was appreciated by investors and venture capitalists alike. Look forward to the new property joining Echelon and Echelon Ignite in e27‘s annual stable of events!
RedMart Singapore RedMart is an online supermarket in Singapore that delivers groceries and home essentials to your door. Latest funding: Not specified Investors: Not specified
Viki Singapore Viki is a global TV site, where millions of people watch their favorite shows, movies, celebrity news and more — translated into 200+ languages by a community of avid fans. Latest funding: Not specified Investors: Not specified
500 Startups United States of America 500 Startups is an early-stage seed fund and incubator program focused on consumer and small- and medium-sized internet startups. The company’s areas of interest include financial services. Funded Startups: CatchThatBus, MotionElements, Carsome, HIJ UP, Playbasis, HUBBA, Kudo, Omise, KFit, InnovAccer, Zeemi.tv, Blisby, Alodokter , Kaodim, DocDoc, Shopline, HIJ UP, Shoppr, COIN PIP, Instamojo, Spottly, TargetingMantra, Pomelo Fashion, Claim Di, TrustedCompany , Zipmatch, Anywhere 2 Go Co, Shakr Media, Shakr, SocialCops, Shopline, Taamkru, 99.co, Shakr, VCNC, GrabTaxi, Eko, sourceasy, Spottly, Playbasis, Roam & Wander, Interview Master, WHILL, Builk, WHILL, WHILL, Instamojo, AppSocially, Dropmysite, Greengar, Coursebase, MyPermissions, Style Seat, Tradegecko, Pal+, Tushky, Trade Briefs, Udemy, Affinity China, Style Seat, Viki, Udemy,
Ardent Capital Thailand Ardent Capital is a team of experienced entrepreneurs with a history of successful exits throughout Southeast Asia and globally. Funded Startups: HUBBA, Bizzy.co.id, HappyFresh, Shopline, Spaceship, Lolalo.la, Lolalola, acommerce, PicoCandy Pte Ltd, Playbasis, Whatsnew, Syndacast,