TNB AURA

Did you know Southeast Asia’s agriculture market is valued at $155 billion, with vast opportunities for tech-enabled models to address supply chain bottlenecks and support its 100 million smallholder farmers - especially in Indonesia, Vietnam, and Thailand? In our latest Perspectives, we explore the value chain from upstream (inputs) to downstream (supply chain and traceability). Key models like the “End-to-End” approach emerge as leading solutions, enhancing farmer productivity and profitability. With a market valuation of $14 billion as of 2023 and a projected 20% CAGR until 2025, AgriTech is set to transform agriculture through sustainable practices, digitalisation, and technology-driven solutions. Read our Perspectives to learn how AgriTech is reshaping Southeast Asia’s agricultural sector. #TNBAura #SoutheastAsia #AgriTech #VentureCapital #Perspectives

Thank you all for joining us at this year's VC Socials Vietnam - we were glad to catch up with familiar faces and new friends in the community. The evening included a panel session titled "Fundraising Debt and Equity to Scale," moderated by Tung Nguyen (TNB Aura) , featuring insights from Joe Zhang (TNB Aura), Hau Ly (AVV (Ascend Vietnam Ventures)), Hao Diep (TECHCOOP), and LAM DO (VUIHOC - K12 online education platform). Panellists explored the nuances of raising debt and equity, providing different perspectives on founders' pursuit of each path and the considerations investors have when companies raise a mix of both. We also celebrated Techcoop's journey from a Scout Initiative deal to a core investment with their latest funding round. This marks a significant milestone in our partnership as we deepen our commitment to supporting Techcoop's mission of empowering Vietnam's agritech landscape. We’re excited to continue fostering partnerships and scaling transformative businesses across Southeast Asia.

In our Q3 Newsletter, we celebrated the remarkable success of Startup Wars 2024 in Singapore and the Philippines, hosted in collaboration with Singapore Management University's Asia Private Equity Club @ SMU (APECS), NUS Business School, and Ateneo de Manila University. This year’s competition empowered 5000+ students, 320+ teams, and over 250 project submissions across Singapore and the Philippines — solidifying Startup Wars as Southeast Asia’s ultimate platform for empowering next-generation innovators. Additionally, we shared a deeper perspective into our investment in Charge+, Southeast Asia's leading EV charging solutions provider. This marks a pivotal step in TNB Aura's commitment to driving sustainable growth and supporting the region's EV infrastructure evolution. Catch more insights about our journey and key milestones in our Q3 Video Newsletter: https://lnkd.in/gq6CtBP2. #TNBAura #SoutheastAsia #StartupWars

Over the past month, we co-hosted a luncheon with our partners over at the Bank of Singapore, Asia's Global Private Bank while discussing the increasing appetite for exposure to the Southeast Asia venture capital landscape. Together with our panelists - Choon Hock Wee (Bank of Singapore, Asia's Global Private Bank), Moh Siong Sim (Bank of Singapore, Asia's Global Private Bank), Vicknesh R Pillay (TNB AURA), and Linus Stigsby (WICapital), the discussion led to global capital flows and how ASEAN consistently ranks as a key investment hotspot across all sectors. With SEA’s investment landscape continuing to thrive, it is a premier destination for global capital, and we look forward to fostering continued growth and innovation in the region. Thank you, Bank of Singapore, Asia's Global Private Bank for such a successful event!

TNB AURA and DBS Bank hosted an insightful session in Jakarta, titled ""The Next Step: Navigating Exits and Regional Expansion,"" focusing on the future of Indonesian late-stage startups. The evening kicked off with a keynote address by Santanu Mitra, Global Head of Digital Economy Coverage at DBS Bank, who shared valuable insights into Indonesia's investment landscape, key trends, and government initiatives shaping the market. This was followed by an engaging panel discussion, where seasoned experts discussed dual pathways for growth: ➡ Exit Strategies: IPOs, M&As, and alternative exit routes, offering practical advice from experienced sell-side advisors. ➡ Regional Expansion: How to identify target markets within Southeast Asia, adapt products and services to regional standards, and navigate diverse regulatory environments. We would like to thank our speakers and panelists for their contributions: Art Karoonyavanich, Head of Equity Capital Markets, DBS Bank, Glen Ramersan, Managing Partner, TNB AURA, Kevin M., Founder of Bridestory, successfully acquired by Tokopedia, Rahul Shah, Partner, EvolutionX Debt Capital, and moderator for the event, Adrian Too, Senior VP, Digital Economy Coverage, DBS Bank. A big thank you to everyone who attended and to our partners for their invaluable insights into the opportunities and challenges Indonesian startups face in today’s dynamic market. Stay tuned for more conversations and collaborations shaping the future of Southeast Asia's startup ecosystem!

As we continue strengthening our global ties via our local partners, TNB Aura’s Managing Partners, David Bonifacio and Glen Ramersan joined LS Securities Co., Ltd. in South Korea to address the growing interest in the Southeast Asian startup ecosystem. The team spent time reconnecting with new and existing partners, strengthening relationships and exploring exciting opportunities for cross-border collaborations. A big thank you to everyone who joined us! Stay tuned as we share more about our events over the next few days.

Ending the year on a high note, we hosted a closed-door TNB Aura Annual General Meeting 2024 with our LPs, reflecting on the year’s highs and lows while unveiling our bigger plans for 2025. This year, we were focused on creating a dialogue surrounding EdTech, where Vamsi Krishna from Vedantu, India’s EdTech pioneer, joined our leading portfolio companies in EdTech, Abhay Saboo from CoLearn and LAM DO from VUIHOC - K12 online education platform, blending insights from a global frontrunner with the local expertise shaping Southeast Asia’s EdTech sector. A big thank you to Steven Wongsoredjo from SuperApp (YC W18), Hao Diep from TECHCOOP, and Chee Kiong Goh from Charge+ for their keynote sharing on inspiring journeys and insights, helping to shape a brighter future for Southeast Asia.

Continuing our exploration of Southeast Asia's capital markets, we examine Bursa Malaysia, which offers a multi-tiered structure to accommodate companies at various stages of growth. Bursa Malaysia features three boards: 1. Main Market: For established companies with strong financials. 2. ACE Market: For later-stage companies seeking a sponsor-driven listing path. 3. LEAP Market: For smaller, high-growth ventures with advisor support. Key Insights: ➡️ Tailored Opportunities: Each board caters to different company profiles. ➡️ Flexibility: The LEAP Market offers a cost-effective, faster listing process for high-growth ventures. ➡️ Sector Neutral: None of the boards specifically incentivize tech or growth-focused companies. For navigating the listing process on any Bursa Malaysia board, consider partnering with these established investment banks: Affin Hwang Investment Bank | Alliance Bank Malaysia Berhad | AmInvestment Bank Bhd | CIMB Investment Bank Bhd - KL Sentral | Hong Leong Bank Berhad For advisor-driven listings on the ACE Market, explore these reputable firms: Inter-Pacific Securities Sdn Bhd | KAF Group | Kenanga Group | M&A Securities Sdn Bhd | Malacca Securities Sdn Bhd Securities Thanks to Krishnavenee Krishnan, Head, Strategic Innovation and Development & Commercial Head, Bursa Malaysia for their contributions to this post. And that's a wrap on our series on IPO listing requirements across Southeast Asia, stay tuned for more insights!

As the Festival of Lights illuminates our hearts and homes, TNB Aura extends heartfelt wishes for a joyous and prosperous Deepavali to all. #TNBAura #TNBA #Deepavali #FestivalOfLights

As we continue our exploration of Southeast Asian capital markets, let's dive into the Vietnamese Stock Exchange (HNX). Key Points: ➡️ Secondary Listings Only: HNX caters to companies already listed elsewhere seeking a secondary listing. ➡️ Focus on Established Players: Listing requirements favor companies with strong track records. ➡️ Profitability is Key: Only profitable companies qualify for a listing on HNX. ➡️ Efficient Process: The typical listing process takes around 12 months. ➡️ Cost-Effective: Competitive fees with no annual recurring charges. ➡️ Growth Potential: While no specific incentives exist for tech companies, developments are underway. For those navigating the HNX listing process, consider collaborating with established issue managers like: Ho Chi Minh City Securities Corporation (HSC), SSI Securities Corporation (SSI), and Vietcap Securities (VCSC). A special thank you to Ha Trang Nguyen, Senior Investment Banking Analyst at SSI Securities Corporation (SSI), and Linh My Pham, Investment Banking Analyst at Ho Chi Minh City Securities Corporation (HSC), for their valuable insights. Each Southeast Asian exchange offers unique opportunities, and understanding these distinctions is vital for companies looking to expand and raise capital. We will be wrapping our series with the Malaysia Stock Exchange next, stay tuned!