Tembusu ICT Fund I

Tembusu ICT Fund I makes venture capital investments in software companies in South-East Asia. The Fund aims to generate superior returns by investing in early stage software companies that are poised to benefit from Asia’s continued prominence on the global technology landscape. Tembusu ICT Fund I is the only venture capital fund in Singapore investing solely in software startups.

The General Partners of Tembusu ICT Fund I are Tembusu Partners and Pepri Ventures (the investment vehicle of Mr. Brijesh Pande, Managing Partner of the Fund). The Fund possesses deep domain expertise in technology investments and is supported by an Operating Partner, Mr. Hiten Varia, CEO of M9 Solutions, as well as 2 Senior Advisors (Mrs. Lim Hwee Hua, Director Tembusu Partners and Senior Advisor, KKR Singapore as well as Mr. Ernest L. Cu, President and CEO of Globe Telecom). The Investment Committee of the Fund comprises Mr. Andy Lim, Chairman of Tembusu Partners, Mr. Brijesh Pande and Mr. Hiten Varia.

ICT Fund I is one of only six funds selected by National Research Foundation (NRF) as part of the Early Stage Venture Fund (ESVF) II scheme. The ESVF scheme is designed to promote co-investment in Singaporean startups by private capital alongside capital invested by NRF. The terms of NRF’s investment in the Fund result in an enhancement of other investor’s returns, which is another attractive feature of this Fund.

For further enquiries, please feel free to email Mr. Brijesh Pande, Managing Partner at brij@tembusupartners.com to set up an appointment for a tele-conversation.