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Business

Japanese startup star has big plans for Asia

Teruhide Sato lives in Singapore, where he runs Beenext, an investment fund focusing on startups in India and Southeast Asia.

Beenext, a Singapore-based venture capital fund, is doing more than investing in promising tech companies. It is working to build a regionwide network that it hopes will take Asia's nascent startup ecosystem to the next level.

     Run by Japanese investor and Beenos founder Teruhide Sato, Beenext invests in early-stage startups across diverse sectors, primarily in India and Southeast Asia. Its initial fund, estimated at $60 million, covers e-commerce, big data, fintech and robotics.

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