Winter Capital on Investment Climate in South and Southeast Asia
DUBAI, Arab Emirates - December 23, 2022 - ( Newswire.com )
DUBAI, Arab Emirates - December 23, 2022 - ( Newswire.com )Winter Capital, a growth equity investment firm headquartered in the UAE, has been actively growing since the mid-2010s. The current focus of the company is dynamic support of South and Southeast Asian (SEA) start-ups. Winter Capital is well-known in India for backing businesses in the e-commerce sector, including G.O.A.T Brand Labs, and the healthcare sector, like Pristyn Care. Winter Capital is currently looking to enter the UAE and other international markets as well as extend its presence in India.Due to the economic consequences of the COVID-19 outbreak, countries such as India and Singapore saw a decline in investment for the third quarter in a row in Q3 2022, according to KPMG ( 1 ). VC investors all across Asia withdrew from higher-risk investments and those with unproven business concepts during Q3 '22 in favor of making investments in businesses that could consistently show positive cash flows.At the same time, India has been making big efforts to improve its investment climate. Some of the biggest deals included $100 million rounds by both neobank platform Niyo ( 3 ) and online auto insurer InsuranceDekho ( 4 ), as well as large investments in edtech - $210 million raised by a Mumbai-based edtech company upGrad ( 5 ). Winter Capital also played a major role in leveraging Indian edtech in 2022, contributing to $22.5 million raised by Uolo. The neobanking platform Stashfin raised $270 million ( 7 ), while payments infrastructure unicorn Xendit banked $300 million ( 8 ). Winter Capital is also proud to be part of that trend, contributing to financial admin platform Osome, raising $25 million ( 9 ).Vietnam and Indonesia also enjoyed major investments in edtech and FinTech in 2022. With US $1.4 billion under management across three funds, Winter Capital focuses on growth equity investments in consumer industries going through technology-enabled change. The funds invest globally in fast-growing tech companies in four select verticals: financial, healthcare, education, and consumer services.Contact Information:Ilya OstrovMarketing EMAIL+971 440 19556Press Release Service by Newswire.comOriginal Source: Winter Capital on Investment Climate in South and Southeast Asia Newswire.com All Rights Reserved.