Hard Truths By Vertex

著者: Vertex Ventures SEA and India
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  • Vertex Ventures Southeast Asia & India is a pioneer in investing in tech start-ups in this region and has helped to build a number of unicorns. In this podcast, we want to share and uncover Hard Truths - raw, unfiltered insights and venture capital experience across Southeast Asia & India. Tune in to hear from leading founders, innovators, venture capitalists and industry experts in the region and to gain industry insights from those in the know. If you like what you hear, please click follow or subscribe and share it with entrepreneurs or investors in your circle so we can all grow, succeed and build the future of SEA and India together.
    © 2025 Vertex Ventures SEA and India
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あらすじ・解説

Vertex Ventures Southeast Asia & India is a pioneer in investing in tech start-ups in this region and has helped to build a number of unicorns. In this podcast, we want to share and uncover Hard Truths - raw, unfiltered insights and venture capital experience across Southeast Asia & India. Tune in to hear from leading founders, innovators, venture capitalists and industry experts in the region and to gain industry insights from those in the know. If you like what you hear, please click follow or subscribe and share it with entrepreneurs or investors in your circle so we can all grow, succeed and build the future of SEA and India together.
© 2025 Vertex Ventures SEA and India
エピソード
  • S3E3 | Lessons from Indonesia’s Startup Crash and the Road to a Stronger Future
    2025/03/26
    In this episode of Hard Truths by Vertex, Gary Khoeng, partner at Vertex Ventures Southeast Asia and India, joins host Rahul Thayyalamkandy to explore the Indonesian startup ecosystem. They discuss the recent decline in capital flows, attributing it to global macroeconomic conditions, underperforming IPOs, and election uncertainties. Gary also addresses corporate governance issues and fraudulent activities, highlighting the need for investors to take a more active role. The conversation also covers the ongoing tech talent shortage and potential for AI to bridge the gap. Despite challenges, Gary expresses cautious optimism, pointing to Indonesia's strengths in natural resources and its large consumer base, which present opportunities for fintech, logistics, and consumer-focused startups.IN THIS EPISODE(00:00) The Hidden Startup Boom: What’s Happening Behind the Scenes in Indonesia?(01:00) Capital Exodus or Course Correction? The Truth About Indonesia’s Investment Shift(04:55) Can Indonesian Startups Escape the Governance Trap? Lessons from Recent Failures(07:16) Investors vs. Fraud: Are They Watching Closely Enough?(08:33) From Boom to Bust: Why Some Startups Collapse Overnight(10:32) Who’s Really in Charge? The Role of Governments, Investors & Founders in Fixing the System(11:38) Why More Founders Are Skipping the Startup Dream in Indonesia(13:55) Indonesia’s AI Gamble: Can Tech Talent Gaps Be Closed?(15:24) Is Uncertainty the Best Time to Invest? Finding Opportunities Amid Chaos(21:43) Can Indonesia Revive Its Industrial Legacy Through Exports & Manufacturing?(23:28) Can Indonesia’s Sovereign Fund Replicate Singapore’s Success Story?(25:31) The Valuation Trap: Are Indonesian Startups Focused on the Wrong Metrics?(28:48) The Next Big Spark: What Could Ignite Indonesia’s Startup Renaissance?Gary KhoengGary Khoeng joined Vertex Ventures Southeast Asia & India in 2017. He focuses primarily on covering Indonesia’s burgeoning startup ecosystem.Prior to joining Vertex, Gary was actively investing in early-stage opportunities entrepreneurs at an Indonesian fund across various sectors including e-Commerce, Fintech, Media and SaaS. Prior to that, Gary spent several years at Citigroup in New York, Singapore and Hong Kong. He also joined the Boston Consulting Group in Jakarta, covering the FMCG and Financial Services sector.https://www.linkedin.com/in/garykhoeng/Rahul ThayyalamkandyDirector of Comms & Community, Vertex Ventures SEA & IndiaRahul Thayyalamkandy joined the SEA/India team as the Director of Communication & Community in 2024 and is based in Singapore.Before joining Vertex, Rahul served as a Product Manager at BLOCK71, an incubator and joint venture of NUS Enterprise and Singtel Innov8, where he developed scalable services for portfolio startups and designed mentorship programs. He also gained experience as a Summer Associate at Cocoon Capital, working with the Managing Partner on investment deals.https://www.linkedin.com/in/rahulthayyalamkandy/Vertex Ventures Southeast Asia & India is a pioneer in investing in tech start-ups in this region and has helped to build a number of unicorns. In this podcast, we seek to share and uncover the Hard Truth - raw, unfiltered insights and venture capital knowledge from across Southeast Asia and India. Tune in to learn from leading founders, innovators, venture capitalists, and industry experts in the region and gain industry insights from those in the know.If you like what you hear, please follow or subscribe to the show so you don’t miss out on any of our upcoming discussions.—Follow us to get notified whenever new episodes are shared.—For more information, please visit: https://www.vertexventures.sg
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    31 分
  • S3E2 | Burnout, Feedback, and the Making of a Leader: PatSnap CEO’s Story
    2024/12/17

    Ever been told you’re not fit for the job? That’s exactly what happened to Jeffrey during a pivotal moment early in his journey as the CEO of PatSnap.

    In this episode, I sit down with Jeffrey to explore how he turned tough feedback into fuel for growth. From starting PatSnap right out of university to leading a global tech company, he shares candid lessons about leadership, building strong teams, and navigating challenges.


    Tune in to hear Jeffrey’s honest take on what it really takes to grow as a leader—mistakes, reflections, and all!


    IN THIS EPISODE
    (00:00) "You're not fit to be CEO!"—The moment that changed everything
    (01:00) Why leadership isn’t just about having a vision
    (03:00) From writing code to leading a global team—Jeffrey’s evolution
    (07:00) Behind the scenes: How Jeffrey sets high-level goals
    (10:00) The surprising secret to handling conflicts and low moments
    (14:00) Raw talent vs. experience—what really makes a great hire?
    (17:00) Why Jeffrey still jumps into frontline problems (sometimes)
    (24:00) Hard truths from an investor that reshaped Jeffrey’s confidence
    (29:00) Avoiding burnout: Jeffrey’s approach to staying grounded
    (35:00) Grateful but not proud—Jeffrey reflects on his journey

    Jeffrey Tiong
    Founder & CEO
    Jeffrey Tiong is the Founder and CEO of Patsnap, a global leader in AI-powered IP and R&D innovation intelligence. Under Jeffrey’s leadership, Singapore-founded Patsnap has empowered over 15,000 customers across 50 countries to transform ideas into groundbreaking innovations through cutting-edge market, technology, competitive, and patent insights.


    Jeffrey’s accolades include Fortune’s 40 Under 40 (2022), and recognition as a Top 50 SaaS CEO by The Software Report (2020). He was also honoured with Ernst & Young’s Entrepreneur Of The Year 2018 Singapore, cementing his status as a trailblazer in the tech and innovation landscape.


    PatSnap
    Every year, $2 trillion is being spent on R&D globally. However, despite the dollars spent, R&D productivity has dropped by 65% for the past forty years. Our mission is to help R&D thought leaders around the world to improve that. We provide a suite of R&D analytic and management tools for businesses, universities, start-ups and research organizations. PatSnap's vision is to empower the innovators to do better research and innovation.
    https://www.linkedin.com/in/jeffreytiong/

    Rahul Thayyalamkandy
    Director of Comms & Community, Vertex Ventures SEA & India
    Rahul Thayyalamkandy joined the SEA/India team as the Director of Communication & Community in 2024 and is based in Singapore.
    Before joining Vertex, Rahul served as a Product Manager at BLOCK71, an incubator and joint venture of NUS Enterprise and Singtel Innov8, where he developed scalable services for portfolio startups and designed mentorship programs. He also gained experience as a Summer Associate at Cocoon Capital, working with the Managing Partner on investment deals.
    https://www.linkedin.com/in/rahulthayyalamkandy/

    —-

    Vertex Ventures Southeast Asia & India is a pioneer in investing in tech start-ups in this region and has helped to build a number of unicorns. In this podcast, we seek to share and uncover the Hard Truth - raw, unfiltered insights and venture capital knowledge from across Southeast Asia and India. Tune in to learn from leading founders, innovators, venture capitalists, and industry experts in the region and gain industry insights from those in the know.


    If you like what you hear, please follow or subscribe to the show so you don’t miss out on any of our upcoming discussions.


    Follow us to get notified whenever new episodes are shared.



    For more information, please visit: https://www.vertexventures.sg

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    36 分
  • S3E1 | Will India hit its EV Targets? | Akshay Shekhar from Kazam
    2024/11/27

    Are you ready for a future where electric vehicles are the norm? In this episode, we chat with Akshay, co-founder of Kazam, who’s on a mission to revolutionize how we think about EVs and energy. From leasing EVs to building cutting-edge charging infrastructure, Akshay shares his journey of tackling India’s EV challenges and scaling solutions globally. Discover how his startup is making EV adoption easier and why he believes energy management is the next big frontier. Tune in to learn how the EV landscape is changing—and what it means for you!



    IN THIS EPISODE
    (00:00) "Why lease an EV? Akshay's unexpected take."
    (
    03:00) "The game-changing rise of two- and three-wheelers in India."
    (
    05:30) "EV economics: How the math works for fleets."
    (
    07:30) "The future of EVs: Lessons from your smartphone."
    (
    11:30) "What’s holding back mass EV adoption? The real challenges."
    (
    15:30) "Will India hit its bold EV targets by 2030?"
    (
    19:00) "Why charging anxiety is more about perception than reality."
    (
    23:30) "Public vs. private EV charging: Surprising insights."
    (
    29:00) "Can EVs become the ultimate digital assets?"
    (
    36:00) "India’s EV edge: Why the grid is ready."

    Akshay Shekhar
    Founder, Kazam
    Akshay Shekhar is the co-founder and CEO of Kazam, India's largest EV charging company. Prior to this, Akshay built an AR startup and worked at consumer goods companies PepsiCo and Godrej Consumer.

    Kazam operates in 5000+ pin codes with its software and hardware solutions being used by OEMs, E-Commerce fleet operators and even Charge Point Operators. The startup's vision is to ultimately create a shareable carbon credit pool for the entire EV value chain.
    https://www.linkedin.com/in/akshayshekhar/

    Rahul Thayyalamkandy
    Director of Comms & Community, Vertex Ventures SEA & India

    Rahul Thayyalamkandy joined the SEA/India team as the Director of Communication & Community in 2024 and is based in Singapore.

    Before joining Vertex, Rahul served as a Product Manager at BLOCK71, an incubator and joint venture of NUS Enterprise and Singtel Innov8, where he developed scalable services for portfolio startups and designed mentorship programs. He also gained experience as a Summer Associate at Cocoon Capital, working with the Managing Partner on investment deals.
    https://www.linkedin.com/in/rahulthayyalamkandy/

    —-

    Vertex Ventures Southeast Asia & India is a pioneer in investing in tech start-ups in this region and has helped to build a number of unicorns. In this podcast, we seek to share and uncover the Hard Truth - raw, unfiltered insights and venture capital knowledge from across Southeast Asia and India. Tune in to learn from leading founders, innovators, venture capitalists, and industry experts in the region and gain industry insights from those in the know.


    If you like what you hear, please follow or subscribe to the show so you don’t miss out on any of our upcoming discussions.


    Follow us to get notified whenever new episodes are shared.



    For more information, please visit: https://www.vertexventures.sg

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    46 分

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