BAce Capital

BAce Capital is a venture capital firm established in 2018 and headquartered in Hangzhou, China. The firm specializes in investing in early-stage companies within emerging economies, particularly focusing on India and Southeast Asia. BAce Capital emphasizes the importance of mobile internet in transforming lives and communities, aiming to support technology companies in their growth by leveraging its expertise and resources. The firm targets sectors characterized by high mobile penetration rates, increased online engagement, and rising online transaction volumes. Through its investments, BAce Capital seeks to foster innovation and nurture the aspirations of young entrepreneurs in these dynamic markets.

Benny Chen

Founder and Managing Partner

Kshitij Karundia

Managing Partner

Kevin Zhang

Managing Director and Chief Analyst

11 past transactions

Fit Hub Indonesia

Seed Round in 2023
Fit Hub Indonesia is a Health & Wellness Startup in Indonesia.

CloudEats

Series A in 2021
CloudEats operates cloud kitchens and in-house restaurant brands. Its cloud kitchens are in non-retail and cost-efficient spaces, with operations and layouts specifically designed for food delivery. As of March 2020, the company has five cloud kitchens in the Philippines that house 70 in-house restaurant brands. All food brands are available on all food delivery platforms including Grab Food, Foodpanda and Lalafood.

Convegenius

Seed Round in 2021
ConveGenius is focused on nurturing and harnessing value by providing affordable educational solutions to create impact in large volumes. Their core competence lies in building mobile products/ apps/ games catered for global and local markets likewise. The company is focussed towards providing quality education to children at risk by integrating technology with education and working with state governments to penetrate the rural and semi urban areas of India. It also aims to cater to the global urban market using retailing and e-tailing channels for its various world-class high-end educational solutions. ConveGenius is based out of India and Singapore. Their India office is headquartered in Noida.

SuperGaming

Series A in 2021
Operator of a gaming studio intended to offer immersive entertaining alternatives through casual games. The company engages in building its own gaming engine for running hyper-scale and real-time multiplayer games which are story-based and with high graphic qualities, enabling gamers to enjoy and socialize while getting a real gaming experience.

Wallex

Series A in 2020
Wallex Technologies Pte, Ltd. is a Singapore-based company that specializes in online cash management solutions for businesses. Established in 2015, it operates a platform that simplifies international payments and cash management. The platform provides various services, including virtual accounts for collections and disbursements, a multi-currency wallet, foreign exchange conversions, and cross-border payment capabilities. Additionally, Wallex offers an API that enables real-time foreign exchange execution, allowing users to manage and hedge their currency needs efficiently. The company has expanded its operations to include offices in China, Indonesia, and Hong Kong.

LIDO Learning

Series B in 2020
LIDO is an ed-tech company that revolutionizes education through an immersive online platform for every child in India. With their exciting and fun live online classes for students, it builds cutting edge content like animated videos and interactive games, a personalized platform for homework, tests, challenges, and inspiring teachers. It provides interactive content to keep the students engaged and a personalized platform to improve results. Lido was founded in 2019 and is headquartered in Mumbai, Maharashtra, India.

Printerous

Series A in 2020
Printerous is an online printing service based in Jakarta Barat, Indonesia, founded in 2012. The company specializes in producing a wide range of printed goods for both personal and business needs. Its offerings include items such as business cards, calendars, banners, brochures, T-shirts, posters, and various promotional products. Printerous aims to streamline the printing process by allowing customers to place orders online, eliminating the need for in-person visits to traditional printing shops. This online platform caters to various sectors, including corporate, food and beverages, and events, making it easier for users to access high-quality printing services quickly and conveniently.

Adonmo

Seed Round in 2020
AdOnMo primarily provides outdoor advertising solutions that allow clients to display advertisements on LED screens mounted on taxis.

RoomMe

Series A in 2019
RoomMe is a prominent virtual kost operator in Greater Jakarta, managing over 2,000 rooms across more than 100 buildings. Operating for over two years, RoomMe focuses on unit and boarding management, along with sales acquisition. The company has established a new living ecosystem, positioning its units as homes for residents. Recognizing that 55% of millennials in Indonesia prefer kost living, RoomMe has adapted to these market preferences. Additionally, it provides a platform that offers comprehensive information on rental prices while facilitating the management and marketing of properties for homeowners. This approach supports both hosts and tenants in managing their rental experiences in a co-living environment with flexible stay durations.

Rapido

Series B in 2019
Rapido Technologies Private Limited is a bike taxi application that facilitates intra-city travel and last-mile connectivity through its mobile platform. Founded in 2016 and headquartered in Hyderabad, India, Rapido allows users to book affordable two-wheeler rides, promoting a shared transportation model. The service aims to reduce traffic congestion, lower carbon footprints, and improve air quality by encouraging users traveling in similar directions to share rides. By providing a transparent fare system, Rapido seeks to revolutionize urban commuting, making it a more accessible and enjoyable experience for all users.

Healofy

Series A in 2019
Healofy is an Indian social networking platform designed specifically for pregnant women and new mothers. It facilitates interaction among users regarding maternity and childcare through features such as a live newsfeed, free chats with pediatricians and gynecologists, and Q&A boards. The platform also offers activities for newborns and a database for baby names, creating a supportive community where women can access valuable advice and medical resources. Notably, Healofy enables users to engage with its content even without internet access, ensuring that essential information and support are readily available.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.