GPCA hosted its Asia Members Meeting and annual Singapura Sundown Reception on 23 September with more than 110 attendees, including invited guests from the investment community and government.
The meeting featured a keynote session, "Investing in an Environment of Geopolitical Risk," with Jeffrey Pearlman of Warburg Pincus and Hemal Mirani of HarbourVest Partners, moderated by Craig Thorburn of Future Fund.
Following the keynote, an engaging investor panel discussed the latest trends and strategies shaping the investment landscape with Lincoln Pan of PAG, Eric Acher of monashees, Hong Yong Leong of EQT Private Capital Asia and Sharad Todi of Cambridge Associates, moderated by GPCA's CEO Cate Ambrose.
On 18 September, GPCA hosted a dinner in Singapore to discuss growing regional opportunities. Attendees included Ridha Wirakusumah of the Indonesia Investment Authority (INA),Michael Buchanan of Temasek, Sophie Fallman of Brookfield Asset Management, Nainesh Jaisingh of Affirma Capital, Neal Kok of General Atlantic, Brian Lim of Pantheon Ventures, Joseph Liow of NTU Singapore, Jenny Lee of Granite Asia, Nomaan Mirza of IFC, Jacqueline Poh of the Singapore Economic Development Board (EDB), Jessica Huang Pouleur of Openspace Ventures, Cesar Purisima of the Republic of the Philippines, Audrey The-Dumas of Cambridge Associates, Craig Thorburn of Future Fund and Divya Thakur of Morgan Lewis & Bockius, along with Cate Ambrose, Felicia Chia and Steve Okun of GPCA.
In April 2018, Innova Capital invested in Inelo, a Poland-based provider of software and telematics solutions for the heavy fleet transportation industry. The company has partnered with over 10,000 transportation and logistics companies, most of which are small and medium-sized enterprises operating less than 50 trucks.
With Innova's support, Inelo transformed into a one-stop shop for independent trucking companies. Innova streamlined operations, revamped sales and customer care and introduced online and phone sales, which made up 38% of new sales by 2022. Inelo also implemented an AI-driven navigation system to manage regulatory requirements, such as calculating required breaks for drivers and accurate arrival times. The company grew its workforce from 431 to 622, with 66% female employees and introduced eco-driving features to enhance efficiency and reduce carbon footprints.
