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

Lunch with Sumiko: SGAG founders find success avoiding race, religion, sex and violence

The Straits Times In 2016, they set up Hepmil Media as a holding company for their fast-expanding business, which is now also in Malaysia (MGAG) and the Philippines (PGAG). Last November, the company closed a US$10 million (S$14 million) Series A funding round led by venture capital firm Quest Ventures, Pavilion Capital – a private equity firm under Singapore’s Temasek – and Bent Pixels, the world’s largest gaming…

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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 a top venture capital firm 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, Glife, Hepmil, 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 Ethis, Hatch, and Social Collider. More

Potential of Asia
Asia’s potential is ultimately realized in its people. By the end of 2021, Quest Ventures’ portfolio of 100+ 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