SMBC Asia Rising Fund is a corporate venture capital fund established jointly by Sumitomo Mitsui Banking Corporation (SMBC) and Incubate Fund in Singapore, investing USD 200 million in high-potential Asian startups, with a focus on fintech areas including lending, payments, supply chain finance, and digital assets.
57% of their portfolio is in Fintech. Their most common stage is series-b (57% of deals). Average disclosed round size is $19.4M (across 7 rounds with reported amounts).
Portfolio
7
Fund Size
$200M
Top Stage
Series B
Last 12 Mo
3
Team
MR
Mayoran Rajendra
Managing Director
AS
Agrim Sharma
Investment Analyst
DJ
Darren Jawara
Investment manager
MA
Mayank Agarwal
Investment Team
RR
Rajeev Ranka
India Investments
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
Top Co-Investors
India Quotient3 shared
Blume Ventures3 shared
Riverwalk Capital Partners2 shared
British International Investment2 shared
SE Ventures2 shared
UTEC2 shared
Intesa Sanpaolo1 shared
Heliad AG1 shared
Maersk Growth1 shared
The Fundamentum Partnership1 shared
Linear Capital1 shared
InnoVen Capital1 shared
Gentree Fund1 shared
Singtel Innov81 shared
Hyundai Motor Group1 shared
GMO VenturePartners1 shared
Better Capital1 shared
March Capital1 shared
Chiratae Ventures1 shared
Last updated: 8 September 2026