TRIVE

With the recent shutdown of well-funded startups such as Propzy and lay-offs being announced at Carsome, we examine the factors affecting Inventory-heavy startups.

Inventory-heavy startups are starting to feel the heat as the economy weakens. With less demand for their products, these startups are finding it harder and harder to keep up with their inventory costs.

In order to stay in business, many of these startups are innovating, going into different business verticals or expanding into new markets. We examine the factors affecting these startups and how they are responding.

The Perils of Inventory-Heavy SEA Startups Introduction

It is with great joy that TRIVE celebrates with MVL as they publicly open its Onion Mobility electric vehicle assembly plant, here in Phnom Penh, the capital of Cambodia. It is currently producing its proprietary electric 3-wheeler, the ONiON T1.

MVL, which also holds the ridehailing brand TADA Cambodia in Singapore, Cambodia and Vietnam, is one of TRIVE's impact investments. Today, MVL officially opens the plant in an event graced by my fellow investors, CTR Group, SV Investment and Shinhan Bank.

This new facility will become a center of production of the Onion T1 model, leveraging on Korean battery technology and engineering expertise, and is expected to produce more than 3000 vehicles this year.

MVL has grown to a 300 strong team over 4 countries and is on track to deliver impact metrics like uplifting drivers livelihoods through zero commissions, ownership of their own vehicles and additional income via Web3 enabled mobility services.

Throughout Covid, MVL did not just survive, but was able to achieve profitability in a few of its business units. This underpins the resilience and leadership of the MVL team.

Congratulations once again to Kay Woo and the management team of MVL. We are proud to have backed you guys.

Today at the New York Stock Exchange, TRIVE signed an MOU with the Mia Group. This MOU contains the purpose of investing and working together with Mia Group on their mission of improving the agricultural sector in Vietnam in the areas of production, supply chain and exports.

It has been an honour to have His Excellency, Vietnamese Prime Minister Pham Minh Chinh, along his ministerial delegation, to grace the occasion of the MOU signing. We are honoured to be in the presence of a forward looking leader who wants to see the improvement of the agricultural industry not only in economic aspects, but also in uplifting lives of Vietnamese farmers and improving the quality of food produce.

In a time where food production and supplies are shaky in this geopolitical season, I am glad to see Vietnam stepping up to fill in these global gaps. And best of it all, TRIVE gets to fulfill its impact mandate of SEA.

TRIVE has 4 investment portfolios already operating in Vietnam, and we will work together with our portfolios to support the country's agricultural policies.

It is a humble privilege to work with Mia Group and chairwoman Jennyf Huyen Nguyen, who has been nothing short of passionate and dynamic. We look forward to visit Hanoi soon to turn agreements into action.

Thanks be to the Lord for this favour, and to my friends for your faith in us and who have connected us for this opportunity.

We value SESTO Robotics' AMRs enabling workplace safety as well as freeing up the time of trained professionals in healthcare settings to focus on patient care. We are excited to partner with Seeds Capital (under Enterprise Singapore) and WTI to create positive social impact through this investment in Sesto.

"Temasek-backed Sesto Robotics taps into Europe with US$5.7m funding" by The Business Times.

Temasek-backed Sesto Robotics taps into Europe with US$5.7m funding AUTONOMOUS technology startup Sesto Robotics has pocketed US$5.7 million funding from the investment arm of Enterprise Singapore Seeds Capital, venture capital fund manager Trive and German-based machinery equipment group World Trading Inovation (WTI). Read more at The Business Times.

Hoow Foods joins Coca-Cola, Nissin and Kirin on the mission to provide us with healthier alternatives to our favourite foods.

"Reformulating for the region: Coca-Cola, Nissin, Kirin and Hoow Foods weigh in on sugar, salt and fat reduction in APAC" by foodnavigator-asia.com

Reformulating for the region: Coca-Cola, Nissin, Kirin and Hoow Foods weigh in on sugar, salt and fat reduction in APAC Major brands across the region are continuing to double down on their reformulation efforts across sugar, salt and fat reduction after COVID-19 led to a rapid increase in consumer awareness and demand for healthier products.

Congratulations to MVL on their new partnership! Now we can use TADA in Singapore, Vietnam and South Korea!

[새로운 파트너십 안내: 반반택시]

안녕하세요.
10월 20일 수요일, 엠블이 '반반택시'를 운영하는 (주)코나투스와 MOU를 체결한 소식을 알려 드립니다.

해당 파트너십으로 엠블은 동남아시아에서 운영하고 있는 TADA 라이드 헤일링 서비스를 국내에서도 선보일 수 있게 되었습니다.

더 자세한 내용은 아래 관련기사와 카드뉴스 콘텐츠를 참고해주시기 바랍니다.

👉관련기사: https://platum.kr/archives/173207
👉콘텐츠 보기: https://mvlchain.page.link/eUnk

국내 TADA 서비스에 많은 이용과 관심 부탁 드립니다.

감사합니다.
Trust-driven
MVL

Tune in for the final episode of Season Two to find out more about Impact Debt Investing in Southeast Asia!

Out Now!

According to the Global Impact Investing Network, close to US$500mil that was deployed by private impact investors into Southeast Asia between 2007 to 2017 was in the form of debt, compared to US$408mil in the form of equity. Average debt quantum has been higher too, at US$5.8mil per deal, compared to US$3mil for an average equity investment.

With the United Nations Conference on Trade & Development citing a multi-trillion dollar financing gap to meet the UN Sustainable Development Goals, can impact debt investors play a part in closing this gap?

What impact frameworks can such investors use?

For companies, what trade-offs are there when trying to raise debt?

In this episode of the Investor Series, join me, Theodore Pang, Senior Investment Manager of SEEDS Capital, as I speak with Amy Wang, Head of Private Debt at Blue Earth Capital. Headquartered in Switzerland, Blue Earth Capital invests in debt, equity and funds, with the aim of providing access to basic needs, promoting inclusive growth and fighting climate change.

Stay tuned, as Amy shares her personal journey into impact debt, how Blue Earth Capital helps its portfolio companies navigate the trade-offs to debt, and hear an example of how impact debt can be used to create economic opportunities while reducing the incidence of forest fires in Indonesia.

Plant-based meat and lab-grown burgers…but have you heard of cell-grown milk? Find out more in Episode 39 of Impact SEA Podcast, out now!

The dairy industry is one of the largest food segments in the world valuing over US$700 billion. However, while it is one of the biggest, it is also one of the greatest polluters of our planet. The shear amount of resources it takes, as well as the amount of methane that cows produce is highly detrimental to our environment.

One company, TurtleTree Labs, is looking to revolutionise the industry with their ground breaking cell-based dairy products.

How do they plan on bringing their new products to the world? What difficulties have they faced so far? How do we measure impact in this industry?

To answer these questions, I speak to Fengru Lin, CEO of TurtleTree Labs, for her insights.

Take a second to imagine what our cities could look like in the future…

Will our cities be thriving and sustainable places to live? Or will our environmental problems continue to escalate?

Will our citizens freely and seamlessly commute and travel? Or will our streets be chaotic and congested?

We have arrived at a crucial turning point for the Southeast Asian region. If growth is well managed, Southeast Asia can be a proper force for economic and social prosperity. But if it isn’t, our societies could seriously suffer, severely diminishing our quality of life and our environment.

Southeast Asia has a tremendous opportunity to sow the seeds for its future.

To talk more about how to build a smarter and more sustainable future, I speak with Sau Sheong, CEO of SP (Singapore Power) Digital, for his insights.

How can Embedded Finance Benefit Developing Nations in SEA?

Collectively, Indonesia, Thailand, the Philippines, Vietnam, Singapore and Malaysia have a GDP of close to $US3 trillion and that was growing by between 5 and 6 per cent a year until the COVID-19 pandemic led to movement restrictions and a dip in global trade.

But according to figures from Euromonitor and The World Bank, 50% the adult population in the SEA Region remain unbanked with no access to financial products, and a further 18% are underbanked – lacking access to anything other than a bank account.

With 70 percent of the population using smart phones there’s an opportunity for Fintech companies to step in and deliver digital financial services such as lending and wealth management to consumers who previously did not have access due to a lack of credit history.

So should we be optimistic about the concept of embedded finance? How does it help a businesses grow? Does financial inclusion and access to credit deliver impact to developing nations?

https://www.buzzsprout.com/1257068/8905748

To answer these questions, I speak to Chris Sirisereepaph, Partner at Saison Capital for his insights.

Have you ever bought something first and paid for it later?

Then you should check out this weeks episode of Impact SEA, available now at your favourite podcast provider!

This form of financing - called 'Buy Now Pay Later' is expected to grow rapidly, in fact a report by McKinsey estimated that this form of point-of-sale financing is forecast to generate $7 billion of annual US revenue come 2024.

FinAccel is an example of a company that is trying to bring such concepts to the world. Their flagship product - Kredivo “Buy now, Pay later”, enables e-commerce buyers to apply and qualify for instant credit and pay back over time, with the aim of increasing access to credit to countries like Indonesia.

What are the various benefits of the “Buy now, Pay later” solution to a developing market like Indonesia? What are some of the risks associated to this sort of financing?

To answer these questions and more, I speak to Abhijay Sethia,

Head of Strategy, FinAccel, for his expert insights.

How would you transform a traditional business via Venture Capital allocation?

Find out in Episode 35 of Impact SEA, Out now!

According to a 2018 report from the Cambridge Institute of Family Enterprise, businesses dominate Southeast Asia and form a critical part of its economy. More than half of the region’s largest companies, and nearly all of its conglomerates both private and listed are family-controlled. These businesses account for a significant percentage of employment and economic development in the region.
Unfortunately, a large number of the family businesses in Southeast Asia have neglected to take the necessary steps to transform their businesses, putting themselves and the SEA region in jeopardy.
This is particularly predominant in traditional industries with established oligopolistic-like market structures that discourages innovation.

How then does an incumbent take the courage and vision to embrace innovation in traditional industries and be willing to step into new unfamiliar ways of doing business?

To answer this question, I speak to James Ong, Director, M&A and Business Development at IMC Pan Asia Alliance Group, a traditional shipping company that looks to Venture Capital as its next source of engine growth.

https://www.buzzsprout.com/1257068/8834266