Asia's top founders get their first investments from Quest Ventures
DARIUS CHEUNG
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
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…
We are in key cities where innovation and disruption with technology is taking place at an incredible pace
The Quest team has guided us every step of our journey. They have been very engaging and approachable, and this has definitely helped TranSwap grow faster and further.
Benjamin Wong
Co-founder & CEO, TranSwap | SINGAPORE
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
Genuinely one of the most intelligent and helpful investor you could have. If you get an opportunity to work with Quest in any capacity, do not hesitate to take it! They are truly inspiring and always on the side of the entrepreneur!
Nicolas Chin
Co-founder & CEO, PostCo | MALAYSIA
James served as our advisor for fundraising and business matters which are valuable insights for a first time founder like myself. Always quick to offer his support and genuinely cares for all founders which is true to Quest’s mission.
Alvin Ea
Co-founder & CEO, Haulio | SINGAPORE
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
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
Quest has a deep understanding of female issues and big data. It’s awesome that they were with us through both the good and bad times. I can always count on them to be available.
Xinch
Founder & CEO, WatchOverMe | MALAYSIA
The folks at Quest are always approachable and ready to offer innovative and fresh perspectives to tackle problems. Frequent sharing sessions by seasoned entrepreneurs who have ‘been there, done that’ have helped us gain new insights on growing and managing our business. Oddle.me has definitely seen farther by standing on the shoulders of Quest.
Jonathan Lim
Founder & CEO, Oddle.me | SINGAPORE
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
We met James very early when we started. There is no doubt that his insights and connections made everything easier for us. Not only James but all of the folks in Quest have been genuinely nice and helpful to us. I think becoming part of the Quest family is one of the best decision we have made so far.
Robbi Baskoro
Founder & CEO, Ihram.asia | 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.
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.
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.
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.