KrASIA’s Venture Matters TV seeks out the thought leaders to provide their opinions and insights, addressing topics of interest within Asia's ecosystem.
We're grateful to have Nobutake Suzuki, President and CEO of MUFG Innovation Partners, join us for VM TV episode #4. He'll give his perspective on the vast potential in Southeast Asia from a Japanese corporate venture capital point of view. He leads the open innovation strategy to accelerate partnerships between startups and MUFG, and strategic investments in startups. To name a few, their investment sectors focus on fintech, AI/deep learning, blockchain, and more.
In February 2020, MUFG’s core banking subsidiary MUFG Bank announced its capital investment and strategic alliance agreement with Grab, an app (ride-hailing transport services, food delivery and payment solutions) in Southeast Asia, as covered by KrASIA. MUFG has invested up to US$706 million in total in Grab, and is leveraging its strategic SEA partner bank relationships to cooperate with Grab to provide new innovative financial services to clients in Southeast Asia. Read Nobutake Suzuki's interview on how fintech was built to weather a crisis during the pandemic: https://bit.ly/3fjfzhX
MUFG also recently invested in Investree Singapore Pte. Ltd. , a holding company of PT Investree Radhika Jaya (“Investree”), Indonesia’s leading B2B marketplace lending platform.
Their interest in investing in SE Asia only reinstates that the local technological innovation and growth is being noticed by overseas VCs (local and globally).
Areas of Focus:
1. A brief history of Japanese CVC and investment
2. Impact of COVID-19 on the bullishness of Japanese investors in SE Asia
3. Inspiring behemoth-partners like banks to take on innovation and new technology
4. How can SE Asia startups appeal to MUFG and Japanese investors in general?
5. How should startups manage a Japanese investor?