JG DEV

JG Digital Equity Ventures, or JG DEV, is JG Summit Holdings, Inc.'s next-generation digital business and venture investment arm focusing on Southeast Asia. JG DEV is positioned favorably to build and invest in industries connected to the group’s ecosystem, particularly in data, financial services, consumer, new media, logistics, and digital health sectors. With a handful of ventures already in its portfolio, including Cashalo, Growsari, and Snapcart, JG DEV is growing its business by earmarking a $50-million fund to invest in more startups within the region, focusing particularly on Series A and B investments and the acquisition of talent in the digital sector.