Asia Venture Group

Asia Venture Group is a private Internet holding company founded in 2013 and based in Kuala Lumpur, Malaysia. It specializes in creating long-term value in Southeast Asian online markets by focusing on digital distribution models. The company combines international expertise with rigorous execution and outstanding management talent, working closely with top local partners. Asia Venture Group is highly selective in choosing the companies it supports, allowing for strong engagement in their daily operations. This hands-on approach enables the firm to effectively target key opportunities within the Asian internet landscape.

Kai Kux

Managing Director and Venture Partner

Tim Marbach

Founder and CEO

13 past transactions

Flower Chimp

Series A in 2022
Flower Chimp is a flower and gift delivery service operating in Malaysia, the Philippines, Singapore, Hong Kong, and Indonesia. The company specializes in providing same-day delivery of flowers and a variety of gifting items, including bouquets and arrangements suitable for any occasion. By facilitating the timely delivery of these items, Flower Chimp enables customers to express their emotions and connect with loved ones through thoughtful gifts.

BeatFit

Seed Round in 2018
BeatFit is a fitness-tech startup based in Japan.

iPrice Group

Corporate Round in 2018
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.

Flower Chimp

Seed Round in 2018
Flower Chimp is a flower and gift delivery service operating in Malaysia, the Philippines, Singapore, Hong Kong, and Indonesia. The company specializes in providing same-day delivery of flowers and a variety of gifting items, including bouquets and arrangements suitable for any occasion. By facilitating the timely delivery of these items, Flower Chimp enables customers to express their emotions and connect with loved ones through thoughtful gifts.

CARS24

Series C in 2018
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, that specializes in buying and selling used cars through a network of channel partners across various cities. Founded in 2015, the company aims to transform the used car market by providing a tech-enabled marketplace that ensures an efficient and reliable selling experience for car owners. CARS24 employs an AI-enabled pricing algorithm to offer accurate market and appraisal prices, enhancing transparency in transactions. Additionally, the company provides car inspection and valuation services, facilitating secure sales for customers. CARS24 also operates a financial services division that offers vehicle lending products to enhance customer financing options.

Pop Meals

Seed Round in 2017
Pop Meals, founded in 2021, is a food delivery service that leverages artificial intelligence to enhance logistics and cooking automation. The company provides an online marketplace for ordering fresh, healthy, and ready-to-eat meals, focusing on lunch and dinner options crafted by culinary chefs. With a daily changing menu, Pop Meals combines large-scale production with customer data and machine learning to optimize its offerings. The use of AI extends to last-mile delivery, allowing the company to maintain some of the lowest delivery costs in the industry while ensuring balanced meals are conveniently delivered to customers' homes or offices.

iPrice Group

Series A in 2016
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.

StalkBuyLove

Series A in 2016
StalkBuyLove operates as an online marketplace focused on women's fashion apparel and accessories. The platform features a carefully curated selection of trendy styles inspired by celebrities and European catwalks, allowing consumers to access the latest fashion within days of conceptualization. StalkBuyLove emphasizes unique designs, ensuring that customers are less likely to encounter others wearing the same items. The company's approach involves limited stock availability, prompting quick purchases to avoid sold-out situations. Each product undergoes thorough checks for fitting, color, comfort, design, and quality before being made available online. By handpicking fabrics and designs, StalkBuyLove aims to provide fashionable, beautiful, and accessible pieces for its customers.

iPrice Group

Seed Round in 2015
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.

HappyFresh

Series A in 2015
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.

iPrice Group

Seed Round in 2015
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.

TrustedCompany

Series A in 2014
TrustedCompany.com is an online review platform based in Kuala Lumpur, Malaysia, with operations in Hong Kong and Malaysia. Founded in 2013, it connects consumers by facilitating the collection and integration of genuine customer reviews, enabling businesses to enhance their performance through valuable feedback. The platform focuses on addressing trust issues between consumers and online merchants, thereby empowering users to make informed purchasing decisions. TrustedCompany.com specializes in providing a software-as-a-service (SaaS) solution that integrates with e-commerce, e-marketing, and customer relationship management systems, allowing companies to engage with customers effectively and leverage the benefits of word-of-mouth marketing. With a mission to improve the e-commerce landscape in Southeast Asia, TrustedCompany.com serves over 1,000 clients, helping them enhance service levels and drive sales.

iMoney Group

Seed Round in 2013
iMoney Group is a financial aggregator based in Malaysia, established in 2012, that assists consumers in making informed personal finance decisions. The company operates an online platform where users can compare and apply for various financial products, including credit cards, loans, insurance, and investment options. iMoney aims to simplify the financial decision-making process by providing comparison tools that save users time and effort. Additionally, the platform features a Learning Centre with accessible articles on personal finance, as well as practical tools such as the iMoney CreditScore and Income Tax Calculator. In 2020, iMoney was acquired by JurisTech, a Malaysian B2B fintech company, which has enabled iMoney to enhance its offerings and provide a more comprehensive solution for consumers in the financial services industry. The company also has a branch in the Philippines, further extending its reach in Southeast Asia.
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