Data & Intelligence

Views from the Field: Assessing the State of Venture Capital in Emerging Markets

Emerging markets (EM) venture capital (VC) activity—in terms of number of deals completed and total capital invested, and as a percentage of overall EM private investment activity—reached record highs in 2014 and showed no signs of slowing down in the first half of 2015. Fund managers completed 472 investments and deployed US$4.5 billion in emerging markets via VC deals in 1H 2015, corresponding to increases of 40% and 23%, respectively, compared to 1H 2014.

To further assess the state of the VC industry in emerging markets, what VC trends investors should be paying attention to and what challenges lie ahead for this stage of investing, EMPEA recently reached out to relevant members to share their views on VC in the markets in which they are active. These industry experts share their insights below.

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Read the Views from the Field:

The Evolution of the Early-stage VC Landscape in India
Noshir Colah
Aavishkaar
The Role of Seed-stage Capital and the Steps for Start-up Success
Tahira Dosani
Accion
GP Interest in EM VC, in Addition to a Developed Markets VC Portfolio
Pat Burtis
Amadeus Capital Partners

Key Drivers for Success and Challenges for the Development of an Entrepreneurial Ecosystem
CJ Fonzi
Dalberg
Why LPs Should Be Paying Attention to VC in Southeast Asia
Dmitry Levit
Digital Media Partners
The Rise of Southeast Asia as the Next Fast-growing VC Market
Michael Lints
Golden Gate Ventures

Evaluating the State of the VC Market in Turkey
Cem Baytok
idacapital
Drivers for Increased Interest in Fund Investing and Direct Investing in EM VC
Nikunj Jinsi
International Finance Corporation
Examining the State of the VC Market in China
Jie Gong
Pantheon

VC Opportunities and Challenges in Sub-Saharan Africa
Maurizio Caio
TLcom
EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company