Cento Ventures

Cento Ventures is a Singapore-based venture capital firm founded in 2011, with a focus on under-invested emerging digital markets in Southeast Asia, particularly Malaysia, Thailand, Indonesia, the Philippines, and Vietnam. The firm, which was previously known as Digital Media Partners, specializes in Series A investments, typically committing an initial average of $1 million and potentially up to $4 million throughout the investment's lifecycle. Cento Ventures aims to support technology-related companies that integrate local insights with established digital business models, helping entrepreneurs in their pursuit of building regional leaders in the digital landscape of Southeast Asia. The firm also maintains an office in Seoul, expanding its reach within the region.

Lee Buckerfield

CFO

Boon Ping Chua

Partner

Ali Fancy

Partner

Marco Hadisurya

Analyst

Dmitry Levit

Founder and Partner

Rene Menezes

Venture Partner

Marc Tarshis

Associate

21 past transactions

2C2P

Series E in 2019
2C2P Pte. Ltd. is a global payments platform headquartered in Bangkok and Singapore, specializing in payment processing solutions that enable businesses to securely accept payments across online, mobile, and in-store channels. The company operates in Southeast Asia, North Asia, Europe, and the United States, serving as a preferred provider for regional airlines, travel companies, and global retailers. Its offerings include technology for e-commerce and m-commerce, facilitating peer-to-peer payments, money transfers, and banking activities for both banked and unbanked transactions. By focusing on secure and efficient payment processing, 2C2P aims to help clients minimize fraud risks while enhancing their payment capabilities. The company markets its solutions under the brands 123, easyBills, and Qwik.

Grain

Series B in 2019
Grain is an online restaurant that uses data and a tech-enabled network to serve food to customers.

iPrice Group

Corporate Round in 2018
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

Jirnexu

Series B in 2018
Jirnexu Sdn. Bhd., founded in 2012 and headquartered in Kuala Lumpur, Malaysia, specializes in customer acquisition and lifecycle management solutions for various industries, including banking, insurance, telecommunications, and e-commerce. The company offers comprehensive digital acquisition tools designed to help financial service institutions and service providers effectively generate leads online, convert them into customers, and manage ongoing relationships. Jirnexu operates several platforms, including RinggitPlus.com, which allows users to compare and apply for credit cards, personal loans, and insurance plans, and KreditGoGo.com, which assists users in finding various financial products. Additionally, the XpressApply platform simplifies the credit card application process. Through its services, Jirnexu empowers consumers to make informed financial decisions while enabling service providers to innovate their customer acquisition strategies.

iPrice Group

Series B in 2018
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

Jirnexu

Series A in 2017
Jirnexu Sdn. Bhd., founded in 2012 and headquartered in Kuala Lumpur, Malaysia, specializes in customer acquisition and lifecycle management solutions for various industries, including banking, insurance, telecommunications, and e-commerce. The company offers comprehensive digital acquisition tools designed to help financial service institutions and service providers effectively generate leads online, convert them into customers, and manage ongoing relationships. Jirnexu operates several platforms, including RinggitPlus.com, which allows users to compare and apply for credit cards, personal loans, and insurance plans, and KreditGoGo.com, which assists users in finding various financial products. Additionally, the XpressApply platform simplifies the credit card application process. Through its services, Jirnexu empowers consumers to make informed financial decisions while enabling service providers to innovate their customer acquisition strategies.

iPrice Group

Series A in 2016
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

Grain

Series A in 2016
Grain is an online restaurant that uses data and a tech-enabled network to serve food to customers.

Jirnexu

Series A in 2016
Jirnexu Sdn. Bhd., founded in 2012 and headquartered in Kuala Lumpur, Malaysia, specializes in customer acquisition and lifecycle management solutions for various industries, including banking, insurance, telecommunications, and e-commerce. The company offers comprehensive digital acquisition tools designed to help financial service institutions and service providers effectively generate leads online, convert them into customers, and manage ongoing relationships. Jirnexu operates several platforms, including RinggitPlus.com, which allows users to compare and apply for credit cards, personal loans, and insurance plans, and KreditGoGo.com, which assists users in finding various financial products. Additionally, the XpressApply platform simplifies the credit card application process. Through its services, Jirnexu empowers consumers to make informed financial decisions while enabling service providers to innovate their customer acquisition strategies.

Medical Departures

Series A in 2016
Medical Departures operates a medical appointment booking platform that facilitates access to affordable and quality healthcare. The platform allows users to find, compare, and book appointments with over 2,000 doctors and dentists in more than 1,500 hospitals and clinics worldwide. By providing a comprehensive comparison of photos, prices, patient reviews, videos, and medical certifications, Medical Departures enables patients to make informed decisions about their healthcare options. The service is designed to streamline the process of obtaining quality medical care, making it accessible and efficient for users seeking medical services globally.

Grain

Series A in 2016
Grain is an online restaurant that uses data and a tech-enabled network to serve food to customers.

GoQuo

Venture Round in 2015
GoQuo (M) Sdn Bhd is a travel technology company based in Kuala Lumpur, Malaysia, with additional offices in India, Vietnam, Indonesia, and Turkey. Founded in 2002, GoQuo specializes in providing e-retail solutions for airlines and online travel agencies. Its offerings include a Flight Booking Engine, which can be customized to meet client needs, and a Dynamic Holiday Packaging solution that allows for the bundling of travel components without revealing individual prices. The company also features a Tour Management System that enables clients to create static packages based on available inventory. Additionally, GoQuo provides supplier management, fulfillment, and e-consultancy services, facilitating a seamless digital shopping experience for users. Its cloud-based platform is designed for rapid adaptation to changing market demands and is compatible with various third-party suppliers, enabling comprehensive travel bookings that encompass flights, hotels, car rentals, and ancillary services.

WearYouWant

Series B in 2015
WearYouWant Co., Ltd. is an online fashion retail platform based in Bangkok, Thailand, founded in 2011. It offers a diverse selection of fashion and beauty products for both women and men, including clothing, swimwear, lingerie, pajamas, cosmetics, bags, shoes, and accessories. The platform collaborates with nearly 500 boutiques and features approximately 450 brands, providing shoppers access to over 12,500 unique items that encompass local and international labels. In addition to catering to consumers, WearYouWant operates a B2B platform that supports offline retailers by providing them with an online storefront and tools for managing inventory, promotions, and customer orders. This enables retailers to tap into the growing market of online shoppers. The company has formed partnerships with prominent brands, enhancing its market presence and reach.

WearYouWant

Series A in 2014
WearYouWant Co., Ltd. is an online fashion retail platform based in Bangkok, Thailand, founded in 2011. It offers a diverse selection of fashion and beauty products for both women and men, including clothing, swimwear, lingerie, pajamas, cosmetics, bags, shoes, and accessories. The platform collaborates with nearly 500 boutiques and features approximately 450 brands, providing shoppers access to over 12,500 unique items that encompass local and international labels. In addition to catering to consumers, WearYouWant operates a B2B platform that supports offline retailers by providing them with an online storefront and tools for managing inventory, promotions, and customer orders. This enables retailers to tap into the growing market of online shoppers. The company has formed partnerships with prominent brands, enhancing its market presence and reach.

GoQuo

Seed Round in 2013
GoQuo (M) Sdn Bhd is a travel technology company based in Kuala Lumpur, Malaysia, with additional offices in India, Vietnam, Indonesia, and Turkey. Founded in 2002, GoQuo specializes in providing e-retail solutions for airlines and online travel agencies. Its offerings include a Flight Booking Engine, which can be customized to meet client needs, and a Dynamic Holiday Packaging solution that allows for the bundling of travel components without revealing individual prices. The company also features a Tour Management System that enables clients to create static packages based on available inventory. Additionally, GoQuo provides supplier management, fulfillment, and e-consultancy services, facilitating a seamless digital shopping experience for users. Its cloud-based platform is designed for rapid adaptation to changing market demands and is compatible with various third-party suppliers, enabling comprehensive travel bookings that encompass flights, hotels, car rentals, and ancillary services.

CtrlShift

Series A in 2013
CtrlShift is a technology company that specializes in simplifying the digital media landscape through aggregation and automation. Founded in 2008 and headquartered in Central Region, Singapore, CtrlShift aims to make advertising more efficient in a complex environment. Its flagship product, The Hub, is an enterprise programmatic advertising software that facilitates unified media planning, activation, and insights. This software aggregates various platforms, including social media, search, real-time bidding, and native advertising, thereby streamlining digital media management. By providing effective access to a wide array of audience segments and media-enabling platforms, CtrlShift helps brands engage with their audiences in a straightforward and efficient manner.

Coda

Seed Round in 2012
Coda Payments Pte Ltd. is a Singapore-based company that provides mobile payment solutions for online digital content and services, primarily targeting emerging markets. Established in 2011, Coda enables digital content providers to monetize their offerings through a variety of payment channels. The company is known for its integration with popular gaming titles such as PUBG Mobile and Call of Duty: Mobile, as well as streaming services like beIN and Bigo Live. Users can make payments through its platform Codapay, which offers direct carrier billing and access to a wide network of alternative payment options. Additionally, Coda operates Codashop, a platform frequented by over 11 million users monthly for topping up games and services. The company collaborates with various e-commerce, telecommunications, and super app partners to enhance access to premium digital content. Coda Payments serves clients across numerous countries, including Indonesia, India, Brazil, and Egypt, and maintains a presence in Singapore, Jakarta, and Bangkok.

Food Runner

Series A in 2012
Food Runner is the leading food delivery company in Southeast Asia, operating through various local brands that have established a strong presence in major cities across the region. The company specializes in online food-ordering services, providing a platform that connects restaurants with customers. Food Runner facilitates marketing, order processing, and food delivery, ensuring that it delivers more meals to a larger customer base than any other competitor in Southeast Asia. Its extensive network and experience in the market allow it to efficiently cater to the growing demand for food delivery services in the area.

migme

Series D in 2012
Migme Limited is a global digital media company focused on emerging markets offers migme, a fan-based social entertainment platform that offers chat, content, and microblogging services. It enables users to post bite-sized blogs, send messages, and exchange virtual gifts with each other. The site’s revenue is generated via gifts, games, avatar items, emoticons, and stickers. Migme Limited was founded in 2005 and is listed and registered in Australia, with headquarters in Singapore.

2C2P

Series A in 2011
2C2P Pte. Ltd. is a global payments platform headquartered in Bangkok and Singapore, specializing in payment processing solutions that enable businesses to securely accept payments across online, mobile, and in-store channels. The company operates in Southeast Asia, North Asia, Europe, and the United States, serving as a preferred provider for regional airlines, travel companies, and global retailers. Its offerings include technology for e-commerce and m-commerce, facilitating peer-to-peer payments, money transfers, and banking activities for both banked and unbanked transactions. By focusing on secure and efficient payment processing, 2C2P aims to help clients minimize fraud risks while enhancing their payment capabilities. The company markets its solutions under the brands 123, easyBills, and Qwik.

NhomMua

Venture Round in 2011
NhomMua.com is a groupon website and e-commerce platform that offers various products. It offers products related to general consumption, tourism, fashion, entertainment, and more. It also provides discounts and operates a rewards scheme. NhomMua.com was established by IDG Vietnam and Rebate Networks.
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