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Home›Funds›Thesis themes›Southeast Asia + India
Geography thesis

Southeast Asia + India

Investors who underwrite India and Southeast Asia as a connected growth theater.

28matching funds
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01 — Context

What this thesis means

India + Southeast Asia investors see shared playbooks across large, mobile-first, diverse markets — fintech rails, commerce, B2B software, and consumer services. Some funds are headquartered in one region with a mandate across both; others help Indian companies expand into SEA or vice versa.

Diligence often asks whether your wedge is portable: payments, language, regulation, and distribution rarely copy-paste. Founders who treat SEA as “India 2.0” without local partners struggle; founders with a sequenced expansion thesis do better.

Pitch why the second geography is a natural adjacency, not a distraction — and what local advantage you will need.

02 — Fit

Who it fits

  • +Founders with India traction looking at SEA expansion
  • +Companies building multi-market consumer or fintech plays
  • +Teams with partners or operators across the corridor

What to prepare

  • →A sequenced market expansion plan
  • →What transfers vs what must be rebuilt locally
  • →Regulatory and distribution realities called out
03 — Capital map

Funds with this thesis

Venture Capital

12 Flags

Invest in founders from emerging countries building global businesses

$100K – $500K
Venture Capital

AC Ventures

AC Ventures backs technology companies across Southeast Asia at Seed and Series A, with a core focus on Indonesia and thematic interest in Consumer, SaaS, FinTech, B2B, and AI.

$500K – $10M
Venture Capital

Accel

Back bold founders from idea to IPO; Fund VIII centres on AI (enterprise, services-as-software, vertical AI) and consumer (Bharat, India-native, aspirational brands).

$1M – $18M
Venture Capital

BEENEXT

BEENEXT backs early-stage technology founders across India and Southeast Asia building scalable, impactful businesses in Consumer, SaaS, FinTech, B2B, and AI, typically entering at Seed through Series A.

$500K – $5M
Venture Capital

DSG Consumer Partners

Back founders building the next generation of consumer brands in India and SE Asia

$500K – $5M
Venture Capital

East Ventures

East Ventures backs early and growth-stage technology companies across Southeast Asia and India, with a focus on Consumer, SaaS, FinTech, B2B, and AI sectors where scalable digital business models can thrive across emerging markets.

$500K – $10M
Venture Capital

Elev8 Venture Partners

Back profitable, product-market-fit growth-stage tech companies expanding via overseas expansion, inorganic acquisition, tech-team and CXO hiring or pre-IPO scaling; a research- and data-driven, hands-on partnership model. India's first 'Pro Rata' fund, accessing oversubscribed rounds of top tech companies alongside top-tier growth funds.

$5M
Venture Capital

Granite Asia

Asia multi-asset investment platform (formerly GGV Capital Asia) backing growth companies across Southeast Asia, India, China and broader Asia with flexible capital structures.

$5M – $50M
Venture Capital

Green Frontier Capital

Back climate-tech and sustainability-focused companies in Asia

$500K – $5M
Venture Capital

Innoven Capital

Provide venture debt to high-growth, VC-backed startups in India and Southeast Asia

$361K – $12.0M
Venture Capital

Insignia Ventures Partners

Insignia Ventures Partners focuses on Seed, Series A, Series B opportunities across Sector Agnostic, operating as a VC relevant to Indian founders.

$1M – $10M
Venture Capital

Integra Partners

Integra Partners backs early-stage technology companies across Southeast Asia and India, with a focus on SaaS, FinTech, Consumer, Healthcare, and B2B sectors at Seed and Series A.

$500K – $5M
Venture Capital

Leo Capital

Leo Capital backs early-stage technology startups across India and Southeast Asia at the Pre-Series A stage, with a focus on capital-efficient businesses in SaaS, FinTech, Consumer Internet, and emerging verticals like SpaceTech, CleanTech, and Web3.

$500K – $3M
Venture Capital

Monk's Hill Venture

Monk's Hill Ventures backs early-stage technology entrepreneurs across Southeast Asia, focusing on Consumer, SaaS, FinTech, AI, and B2B sectors at Seed and Series A stages.

$1M – $10M
Venture Capital

Omnivore

Back entrepreneurs building breakthrough technologies for agriculture, food, climate and the rural economy that deliver disproportionate impact on the lives of farmers and rural communities in India and Southeast Asia; conviction that Indian agritech companies are 'built to last'.

$1M – $5.7M
Venture Capital

Openspace Ventures

Openspace Ventures focuses on Seed, Series A, Series B opportunities across Sector Agnostic, operating as a VC relevant to Indian founders.

$2M – $20M
Accelerator

Orbit Startups

Orbit Startups backs pre-seed and seed stage startups from emerging markets—including India—that are building scalable, globally-oriented businesses across SaaS, FinTech, Consumer, AI, and B2B, accelerating them toward international customers and capital.

$100K – $350K
Venture Capital

Precog Innovation Partners

Cross-border co-creation and venture-building platform focused on decarbonising key industry sectors for India's Net-Zero transition; connect 30+ large Indian business groups with global climate-tech ventures to enable their India market entry, build-out and scale-up.

Not disclosed (strategic investments, JVs, licensing, mfg/distribution agreements)
Venture Capital

Rise Capital

Invest in the best technology companies in emerging markets across India, LATAM, Middle East, Africa and Southeast Asia

$100K – $100M
Venture Capital

Saison Capital

Saison Capital backs FinTech and B2B technology companies across Asia at Seed through Series A, with a focus on financial services infrastructure, lending, and digital-first business models that can scale across emerging markets.

$500K – $5M
Venture Capital

seafund

Back founders building scalable businesses in Southeast Asia and India

$250K – $2M
Venture Capital

Sequoia (India) / Peak XV

Full-stack partner backing founders from seed to IPO across India and Southeast Asia; build enduring companies, increasingly AI-focused.

$3M – $8M
Venture Capital

SIG

SIG (Susquehanna International Group's Asia VC arm) backs high-growth technology and consumer businesses across Asia at Series A and beyond, seeking scalable models with strong unit economics and defensible market positions.

$3M – $35000000M
Venture Capital

Silverneedle Ventures

Hands-on, active early-stage investor partnering with entrepreneurs to increase their probability of success; backs India-first companies with global ambitions, with a special focus on deep technology, sustainability and emerging technologies.

$120K – $723K
Browse all 28 funds
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Other thesis themes

1016 funds

Founder-led / operator capital

Operator angels, founder syndicates, and funds that invest like builders who have been in the seat.

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1005 funds

India-first / Bharat

Capital that underwrites India as the primary market — including Tier 2/3, vernacular, and mass adoption stories.

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975 funds

Tech-first / product companies

Investors who back software, platforms, and product-led companies where technology is the core moat.

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936 funds

Early-stage builders

Investors who write the first institutional cheque and partner before the story is obvious.

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