MassMutual Ventures Southeast Asia plans to invest in up to 15 early-stage enterprise software, digital health, fintech and insurtech companies in the next three years.
MassMutual Ventures, the strategic investment vehicle for US-headquartered insurance firm Massachusetts Mutual Life Insurance, formed a $50m fund yesterday to invest in Southeast Asia-based startups.
Singapore-based MassMutual Ventures Southeast Asia is expected to invest in between 10 and 15 companies in the next three years, participating in series A and B stage rounds for developers of enterprise software, digital health, financial and insurance technology.
In addition to investing, the subsidiary will also assist existing MassMutual Ventures portfolio companies in entering…