Tech in Asia
Quest Ventures’ investment into Haikini, a bikini brand for surfers, made the news.
“It might seem odd for a VC firm to back a business that isn’t clearly a technology company, but it’s nothing new. Sequoia Capital has invested in a cafe chain in India and a sports media company in Singapore. A coffee chain in Indonesia recently got VC funding.
“Beckie is deeply committed to helping the Bali community that’s producing the apparel, and for the market opportunity that she sees in this niche and passionate segment of customers. Imagine Quiksilver, but now Asia-based and female-managed,” says Tan.
Plus, “she’s a go-getter,” he added.”