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500 Southeast Asia

Company

Investment-firm

Financing round

General

About Company
500 Southeast Asia is a venture capital fund that connects founders with capital, expertise, and networks to help them succeed.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2014

Number of employees

IPO status

Private

Description

Founded in 2013, 500 Southeast Asia has backed over 250 companies in various sectors, including Grab, Bukalapak, Carsome, and Carousell. The firm invests through their 500 Durians Funds across South Asia and prefers to invest in financial services, consumer products, healthcare, education, food, and internet sectors. Additionally, 500 Global, the parent company, is a venture capital firm with $2.7B in assets under management that invests in fast-growing technology companies globally. The firm has invested in over 2,800 companies in 80+ countries and has backed more than 50 companies valued at over $1 billion. The Southeast Asia funds have backed over 270 companies, including billion-dollar companies Grab, Bukalapak, Carousell, Carsome, and FinAccel. The firm has offices in Malaysia, Singapore, and San Francisco and has a team of over 190 members located in 28 countries.
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Financials

Investments
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Date 
name 
Lead 
type 
Raised 
02.05.2024
No
10.08.2023
No
$600K
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No
$47.7M
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Co-Investors

People

Founders
1
Vishal Harnal
Vishal Harnal

Vishal Harnal

Vishal is a General Partner at 500 Startups, the most active venture capital firm in the world. Headquartered in Silicon Valley, 500 has invested in over 2200 companies across 70 countries from a family of 16 funds (AUM ~$500M). Vishal is based in Singapore from where he leads 500's investments across Southeast Asia. He has led over 100 investments in the region’s most talented, passionate founders and promising, high-growth startups. Over the past 3 years, the 500 Durians Funds that he manages have invested in over 160 companies across multiple verticals in the region including flagships Grab, Carousell, Bukalapak, Kudo (acq. Grab), Nugit, Fave, Revolution Precrafted and Gilmour Space. Prior to joining 500, Vishal was a lawyer at Asia-Pacific’s top law firm Drew & Napier where he specialised in resolving complex and high-stakes international investment, shareholder and political disputes for conglomerates and governments. Vishal is also no stranger to entrepreneurship, having built a communications training consultancy while in law school that empowered students and professionals with skills of persuasive speech, analytical thinking and negotiation. Vishal dedicates much of his free time to learning and teaching. He is a Kauffman Fellow and has also taught a programme on venture capital at INSEAD and entrepreneurship at the Singapore-MIT Alliance. He frequently speaks and advises on venture capital investing, board and management related issues, government policy on ecosystem building, and the large sweeping trends in technology and humanity. His opinions are aired on premier news networks such as Bloomberg and CNBC. Outside of venture capital, Vishal is passionate about the arts, education, aging and longevity, and both the spiritual and scientific exploration of the human mind.

current job

VC3 DAO
VC3 DAO

Vishal Harnal

Employee Profiles
3
Husain Albar

Husain Albar

Manager, Strategic Development

Vishal Harnal

Vishal Harnal

Managing Partner

Khailee Ng

Khailee Ng

Managing Partner

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