Asia's top founders get their first investments from Quest Ventures

99.co

“The best kind of investors are those who are entrepreneurs themselves.”

DARIUS CHEUNG
Founder & CEO
Carousell

“Constantly challenges us to think bigger and serves as our go-to sounding board.”

QUEK SIU RUI
Co-Founder & CEO
WatchOverMe

“It’s awesome that they were with us through both the good and bad times.”

XINCH
Founder & CEO
Ethis.co

“Gave us the confidence and credibility to execute our vision.”

UMAR MUNSHI
Founder & CEO
socialcollider logo
vulcanpost logo

How Philippine cloud kitchen industry is piggybacking on the country’s unique food culture, shifting customer behaviour

e27 The Philippine food delivery market is growing exponentially (~48 per cent y-o-y growth), the fastest in Southeast Asia, and is projected to hit US$8 billion by 2025. This growth is attributed mainly to the pandemic. With many of the country’s major cities still under lockdown and the resumption of dine-in services is uncertain, customers prefer ordering food online and have it home-delivered. This is where cloud kitchens…

Hundreds of people will do sports with their friends, families and colleagues at their own time today!

They are part of #Conquest - surmounting challenges brought on by COVID-19 but not letting it or anything stop th...
https://t.co/zLAJdGZIPK

We are in key cities where innovation and disruption with technology is taking place at an incredible pace

James has been very genuine to help in any way possible and is quick to do so. Constantly challenges us to think bigger and serves as our go-to sounding board for fund raising and other operational matters. Humble and approachable too despite the immense success he’s had with 55tuan.

Quek Siu Rui

Co-Founder & CEO, Carousell | SINGAPORE

Quest gave us the confidence and credibility to execute our vision of being the largest Islamic Crowdfunding platform in the world.

Umar Munshi

Founder, Ethis.co | INDONESIA

The best kind of investors are those who are entrepreneurs themselves, and James is one of the best in that category – he is authentic, supportive and knowledgeable. He is both a great coach for founders, as well as a master tactician in execution, a combination that is rare and incredibly valuable to find in an investor.

Darius Cheung

Founder & CEO, 99.co | SINGAPORE

The Kazakhstan Digital Accelerator charged us forward. We know exactly what to do and how to get to where we want to be.

Doszhan Zhussupov

Co-founder, Cerebra | KAZAKHSTAN

Great learning and sharing by coaches. Their experience pushed us to excel higher and faster.

Carmen Chuang

Founder & CEO, MMC | MALAYSIA

In less than two hours, Quest Ventures’ insights helped us understand Southeast Asia way better than all the talks combined that we have attended.

Hubert Ian Lee

Founder & CEO, Quadby | MALAYSIA

This has been an awesome journey. The team transformed us from a cocoon to a butterfly.

Pennie Lim

Founder & CEO, HOMA | MALAYSIA

They were my sounding-board and partners whom I can turn to for advice and ideas. The structured coaching, the relevant sharing, the availability of materials relevant to managing and growing the business were what I found to be most valuable.

Nadira Mohd Yusoff

Founder & CEO, Kiddocare | MALAYSIA

Quest is the best at turning amateurs into professionals. I know what I’m talking about.

Yerzhan Ryskaliyev

Co-founder & CEO, Clockster | KAZAKHSTAN

Quest made our startup journey less bumpy. They give us control on how we should grow our business yet provide the right amount of guidance and support to ensure we avoid making costly mistakes. Quest’s vast network of connections has opened doors to new markets.

Erly Witoyo

Founder & CEO, Kapital Boost | INDONESIA

Venture Capital for Startups
Since 2011, Quest Ventures has focused on an overarching ‘digital economy’​ strategy across Asia, and is one of the largest early-stage technology investors in artificial intelligence, e-commerce and marketplaces, entertainment, finance, food, insurance, logistics, media, property, sports, and the Islamic digital economy. Portfolio companies include industry leaders such as 99.co, Carousell, Carro, Ethis, Glife, MGAG/ PGAG/ SGAG, Oddle, Shopback, VulcanPost, Xfers, and Yummy Corporation. More

Innovation for Enterprises
In partnership with Silicon Valley’s pre-eminent Applied Innovation Institute, Quest Ventures’​ enterprise innovation initiative drives industry and corporate transformation for at-risk sectors based on world class research, local knowledge, and collaboration with startups. Sectors covered include alternative food, aviation, banking, insurance, logistics & transportation, oil & gas, and smart cities. Clients include Applied Materials, Coca-Cola, HP, Nissan, and Tencent. More

Impact Capital for Good
Quest Ventures’ multi-dimensional environment, social and governance strategy was the first in Asia for a venture firm, and supports a range of social good initiatives across Asia for financial inclusion, gender, healthcare and education for all. Impact acceleration initiatives include advocacy, investment, world class partner benefits, and collaborations with the venture portfolio. Portfolio organisations include Hatch, Social Collider, and PBMT Indonesia. More

Potential of Asia
Asia’s potential is ultimately realized in its people. By the end of 2020, Quest Ventures’ portfolio of 90+ venture-backed companies operate in more than 150 cities across Asia, creating employment and advancement opportunities for more than 4,400 employees, while our Enterprise and ESG efforts directly impact thousands more. More

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