Best known for being a co-founder of social media giant Facebook, Singapore resident Eduardo Saverin is also the co-founder and partner of digital technology investment firm, B Capital Group. Saverin launched the venture capital firm in 2015 with former Bain Capital executive and his friend from their Harvard days, Raj Ganguly. B Capital Group raised US$360 million for its first fund in 2018, and its existing portfolio includes start-ups such as Ninja Van and autonomous vehicle technology company AImotive.

B Capital clients include commerce, logistics, healthcare and business software companies, among others. The venture firm recently announced a foray into China, with its eye on tech start-ups serving businesses in healthcare, financial services and transportation. B Capital has an estimated US$1.9 billion (SG$2.56 billion) of assets under management, some of which will be channeled to the country’s budding enterprise technology sector.

B Capital also recently led a US$53 million Series B funding initiative for personal finance platform Payfazz and a US$20 million Series A round for e-commerce platform Ula in Indonesia. In India, it is backing B2B packaging-materials marketplace Bizongo, logistics start-up BlackBuck, and Khatabook, a startup helping small businesses record financial transactions and accept payments digitally with an app.