Money FM 89.3 interviews Quest Ventures to find out what our Environmental, Social and Governance focus means.
Senior analyst and Head of ESG Khor Qianyi touched on our approach which includes discovery, environment scanning, and implementation. With the broad range of focus areas defined by the United Nations’ Sustainable Development Goals, Quest Ventures’ work focuses on the base of the pyramid and the emerging middle class in Southeast Asia, among others.
Haikini’s founder and CEO Beckie Liu was interviewed by The New Paper on her journey to create functional, stylish and affordable surf swimwear.
“However, being young meant that one big hurdle was funding.
While she was able to persuade her mother to fund some prototypes in the early days of the brand, she was also able to secure venture capital in November last year.
“Quest Ventures invests in early stage start-ups – I was approached by a friend who was working there. They encouraged me to pitch for funding.”
The process helped her overcome two hurdles. Funding and her lack of self-confidence. While Miss Liu was nervous about presenting the business to an investor, she found the strength to overcome it.”
Quest Ventures senior analyst Khor Qianyi said: “There can be a very nice blend of impact investing when it comes to these few things. It can solve not only the capital problem but fund companies and continuously do good work and ensure that they are financially sustainable.”
ESG scores are tools for sustainable investing and the approach looks at the environmental, social or governance risks that can potentially limit the investment returns when it comes to committing the initial outlay. With the ESG approach, Quest Ventures aims to support passionate founders in solving social issues, not only with capital but with their network and resources – such as mentorships and partnerships – which can help them scale their impact.
Rushdi Siddiqui, mentor at Quest Ventures, writes on the eco-friendly socio-economic Mosque at IslamiCity.org – The Global Muslim ECommunity.
“The Mosque is the epicenter of the community and an important learning place. To amplify the environmental stewardship responsibilities, there is no better place to teach than by way of an example of an eco-friendly Mosque.
Thus, the time is now to build, convert, and/or upgrade within the spirit of Quba Mosque. A solid foundation built on not just environmental impact statement, but, more importantly, on operating environmental considerations filled with learnings, activities, discipline, self-sufficiencies, and connected to youth by way of technology and resulting socio-economic activities.”
Eatsy, a food ordering and payment mobile app, on Tuesday announced that it has raised $550,000 in a seed funding round led by early-stage venture capital firm East Ventures.
The startup has raised more than $1 million in funding from investors including East Ventures, Quest Ventures, Wee Teng Wen (Lo&Behold) and the three co-founders of RedMart.
“With the access to new capital, we look forward to further development in technology, product expansion, and acquisition of new talents in 2019. Furthermore, Eatsy plans to cement its position as a leader in the mobile order-ahead and pick-up space in Singapore” said Eatsy co-founder and CEO Shaun Heng.