Under the signed MoU, B Capital’s portfolio companies will benefit from a joint go-to-market strategy (GTM) as well as access to SAP’s global reach, resources, business networks and best practices. They will also be able to learn more about and evaluate SAP’s suite of enterprise solutions, including fit-to-standard cloud offerings such as GROW with SAP, that are designed to help SMEs and start-ups scale quickly. The collaboration aims to offer B Capital’s portfolio companies tailored, end-to-end support for their software solutions, helping progress them through development to being available for purchase on the SAP Store, an online marketplace of software solutions from SAP and its partners, available in more than 200 countries and territories globally.
“We are thrilled to deepen our collaboration with SAP and look forward to providing our founders and portfolio companies with the support and resources to supercharge their growth and scale their businesses globally,” said Arijit Sengupta, General Partner at B Capital. “This collaboration reaffirms our commitment to bridging the gap between today’s industry leaders and tomorrow’s emerging companies, especially in the Asia-Pacific region.”
“SAP’s partner ecosystem is more important to SAP and our customers today than ever before, as we increasingly tap into partner innovation to accelerate cloud transformation, together,” said Utkarsh Maheshwari, Chief Partner Officer, Asia Pacific Japan, SAP. “Our collaboration with B Capital connects us to start-up talents from its portfolio companies and injects new technology innovations that can be readily integrated into SAP environment through SAP Business Technology Platform. This opens up more opportunities for SAP customers and other partners as well, as we continue to build future-readiness, especially for the AI economy.”
B Capital and SAP have a longstanding relationship. Several of B Capital’s portfolio companies, including Kopi Kenangan – Indonesia’s fastest-growing coffee chain, have adopted SAP’s solutions to improve enterprise resource planning (ERP) workflows and enhance experiences.
The MoU reaffirms B Capital’s and SAP’s continued commitment to the Asia-Pacific region, a fast-growing hub for innovation. B Capital has been investing in the region since 2016, and SAP has been working with Asia-Pacific enterprises since 1989. Together, B Capital and SAP will support entrepreneurs as they launch cutting-edge technologies and expand their innovations to new markets and geographies.
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SAP and SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries.
Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
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The issuer is solely responsible for the content of this announcement.
B Capital
B Capital is a multi-stage global investment firm that partners with extraordinary entrepreneurs to shape the future through technology. With more than $6 billion in assets under management across multiple funds, the firm focuses on seed to late-stage venture growth investments, primarily in the enterprise, financial technology and healthcare sectors. Founded in 2015, B Capital leverages an integrated team across nine locations in the US and Asia, as well as a strategic partnership with BCG, to provide the value-added support entrepreneurs need to scale fast and efficiently, expand into new markets and build exceptional companies.
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Upcoming Events
NETWORKING: LEADING UP TO THE “ASEAN’S FOOD SECURITY NEXUS 2023”
A series of networking sessions with various business associations and trade organisations exploring high-value opportunities for business leaders and entrepreneurs looking to build the relationships that matter.
ASEAN’S FOOD SECURITY NEXUS 2023
This integrated event will include a forum, dedicated business matching, site visits, a gala dinner and golf. The focus will be on regional food security issues and trends in the context of the supply chain, agriculture technology and trade regulations and policies.
INDUSTRY DIALOGUE: THE TWO-WHEELER MARKET – MOBILITY, ESG AND THE ASEAN SUPPLY CHAIN
The ASEAN two-wheeler market represents more than 25 per cent of the global market and growing exponentially. What are the business opportunities for Malaysia especially in the context of mobility, ESG and supply chain?
NETWORKING: BUILDING A RESILIENT FUTURE FOR CRITICAL INDUSTRIES
MGBF is hosting a networking session focusing on building a resilient future for critical industries as part of the networking series leading up to ASEAN's Food Security Nexus 2023.
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