Gobi Fund II

Gobi Fund II, established in 2008 and managed by Gobi Partners, is a venture capital fund based in Beijing, China, focused on early-stage investments in the software and technology, media, and telecommunications (TMT) sectors across Asia. Gobi Partners, founded in 2002, has become one of the leading early-stage investors in IT within China and Southeast Asia, managing a total of 11 funds and operating nine offices in various countries including Japan, Hong Kong, Thailand, the Philippines, Malaysia, Singapore, and Indonesia. The firm emphasizes investment in tech-related companies that demonstrate strong core competencies, thereby aiming to remain at the forefront of innovation in the rapidly evolving digital landscape.

Golie Chou

Investment Director

Wing Hu

Partner

Tangjun Hu

Partner

Wai Kit Lau

Founding Partner and Senior Advisor

Soowei Shaw

Partner

Jane Tan

Investment Professional

Gai Tei Tsao

Chairman, Founding Partner, Managing Partner and MD

Lawrence Tse

General Partner

Winnie Tsui

Investment Professional

Chen Xu

General Partner and Managing Partner

Charlie Xu

Venture Executive

Terrence Yau

Investment Professional

Nancy Yu

Manager

Wei Zhang

Managing Director

Kevin Zhao

Investment Professional

Michael Zhu

Managing Partner

Lin Zhu

Managing Partner

Past deals in Malaysia

pitchIN

Venture Round in 2023
pitchIN could be described as Malaysia's national crowdfunding platform. Since inception in 2012, the pitchIN rewards venture has become the most successful rewards crowdfunding platform in South East Asia. It holds records for projects that raised the most funds and for the most number of backers for a single project. It has also successfully executed a slew of groundbreaking crowdfunding projects such as the first ever Indie festival in Penang, TAPAUfest, on-demand movies Movie GoGo project, the pitchIN-MaGIC Challenge, MDeC’s social project to assist the flood victims in East Malaysia, TeeSomethingNice, the tee-shirt project in celebration of Hari Malaysia and Merdeka 2014 and helped to secure a permanent place for Wok It, a Malaysian mobile kitchen that serves quick and customised meals to raise finances to build their kitchen and to set up a permanent home.

Crowdo

Series B in 2022
Crowdo is a regional fintech startup offering a portfolio of p2p lending and securities crowdfunding solutions. One of the largest and fastest growing in the region, Crowdo has offices in Singapore, Malaysia and Indonesia. While recognized as an industry pioneer and champion, it is one of the first operators to be awarded a license by a regulator and the first to offer a full equity and debt portfolio to its clients.

PolicyStreet

Series A in 2021
PolicyStreet is an online platform that makes buying insurance simple, easy, and affordable with un-bias choices and transparency. PolicyStreet allows customers to buy insurance policies directly from its platform. It mainly targets millennials with its products, and the goal is to make the insurance industry fun and relevant for its young users.

Carsome

Series D in 2021
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Speedhome

Series A in 2021
Established in 2015,SPEEDHOME(formerly Speedrent) is a free No Deposit, No Commission automated platform connecting landlords directly to quality tenants providing rental protection and house-purchasing services. Their mobile app has exceeded 300,000+ downloads on Play Store and App store. They have a database of more than 56,000 property listings and 63,000 potentials in their high-quality tenant pool. Homebuyers’ financial burdens are also eased with a No Commission policy with the purchase of a property. SPEEDHOME aims to simplify the rental process, making it transparent and secure for both landlords and tenants. They combine mobile technology and automation to bring together a pool of high-quality tenants, transparency and interactivity for all users to make more informed decisions during the rental search experience. Landlords are free to advertise and manage their properties and contact potential tenants anytime, anywhere. Partnered with Allianz General Insurance, SPEEDHOME the first rental platform that provides insurance and rental protection of up to RM26k, covering more than standard security deposits.

Istore Isend

Venture Round in 2021
iStore iSend is a full-fledged fulfilment solution provider with state of the art warehouse management system.

Carsome

Series C in 2019
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Aerodyne

Series B in 2019
Aerodyne Systems Sdn. Bhd. specializes in AI-driven drone data capture and analytics services, providing drone-based inspection and software solutions. Founded in 2014 and headquartered in Cyberjaya, Malaysia, the company has expanded its presence internationally with offices in Australia, the United Kingdom, Denmark, Chile, Indonesia, Japan, India, and the United States. Aerodyne develops DT3 (drone technology, data technology, and digital transformation) solutions that address the complex challenges faced by various industries, offering services such as transmission tower inspection, wind turbine assessments, and solar farm evaluations. These capabilities enable organizations to enhance operational efficiency, drive digital transformation, and improve productivity across critical infrastructures.

EasyParcel

Series B in 2019
Aggregator for parcels

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.

AVANA

Seed Round in 2018
AVANA is a Facebook and mobile commerce application that simplifies the selling and buying process online. It makes stock management, tracking, and reporting a breeze. It also removes friction of buying from the online sellers

Carsome

Series B in 2018
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Zoom

Seed Round in 2018
Zoom connects businesses, online e-commerce and brick & mortar retailers to on demand same day delivery specialists, ensuring fast and seamless delivery. Zoom ensures ease of use with its platform as well as acting as a trusted business partner to businesses across Malaysia.

Carsome

Series B in 2017
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Jirnexu

Series A in 2017
Jirnexu Sdn. Bhd., founded in 2012 and headquartered in Kuala Lumpur, Malaysia, focuses on developing customer acquisition and life cycle management solutions for banks, insurance companies, telecommunications, and e-commerce industries. The company offers comprehensive digital acquisition tools that empower financial service institutions and service providers to innovate their online lead generation and customer retention strategies. Jirnexu operates several platforms, including RinggitPlus.com, which allows users to compare and apply for various financial products such as credit cards, personal loans, and insurance plans, and KreditGoGo.com, which helps users find loans and insurance options. Additionally, the XpressApply platform enables straightforward credit card applications. Through these services, Jirnexu aims to enhance consumer decision-making and promote cost savings in financial products.

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.

Favful

Seed Round in 2016
Every one deserves to live beautifully, inside and out. We work relentlessly to help users make informed purchase decisions in the easiest and funniest way possible.

IsItUp Dotcom

Seed Round in 2016
IsItUp DotCom was founded in 2014 to address a problem the founders had come across several times in their previous careers. They understood that customers’ time was valuable, so IsItUp developed its flagship solution to make Fixed Asset Management simpler than ever before with a cost-effective and easy-to-use SaaS platform. Fixed Asset Management is now painless. Because IsItUp does all the work for you. After all, technology is supposed to be a help, not a headache. And we’re happy to say that our offices in Malaysia and Singapore are hard at work. So that you don’t have to.

Offpeak.my

Series A in 2016
Offpeak.my, operated by Offpeak Hub Sdn Bhd, is an online platform based in Petaling Jaya, Malaysia, designed to help diners save money and time when booking restaurant reservations. The platform offers a comprehensive directory of local restaurants, allowing users to easily search for and discover new dining options. Customers can book tables and enjoy immediate discounts without the need for waiting for special deals or coupons. Additionally, users can save their favorite restaurants in a hotlist to access daily savings effortlessly. By providing a seamless booking experience, Offpeak.my aims to make dining more affordable and convenient, promoting the idea that every hour is an opportunity for dining discounts.

Supplybunny

Seed Round in 2016
Supplybunny helps cafes & restaurants to find suppliers, make orders online and receive FREE delivery to outlets in Klang Valley.

Tripfez

Venture Round in 2016
Tripfez Travel Sdn Bhd owns and operates an online marketplace for booking Muslim-friendly hotels, tours, and services. It also offers halal meals, insurance and visa, and travel consultants and experts. Tripfez Travel Sdn Bhd was formerly known as Lagisatu Travel Sdn Bhd. The company was founded in 2013 and is based in Subang Jaya, Malaysia. As of November 21, 2018, Tripfez Travel Sdn Bhd operates as a subsidiary of Traveazy JLT.

Nuren Group

Series A in 2016
Nuren Group is South East Asia leading female platform, focusing on motherhood. Our community consist of 2,000 baby brands and 2.5 million active moms across 3 countries. Founded in September 2013, we currently have 70+ employees in Malaysia. Singapore & Thailand. More about us: https://www.nurengroup.com. REGIONAL PLATFORM [Malaysia Site] --> https://www.motherhood.com.my [Thailand Site] --> https://www.motherhood.co.th [Singapore Site] --> https://www.mamahood.com.sg

Nuren Malaysia (Enlinea Sdn Bhd)

Funding Round in 2016
Wedding.com.my aggregates wedding related contents and bridge between wedding service providers and to-be-wed couples. Their visual search engine allows female audiences to search ideas, discover inspirations & convert into actual purchasing via social commerce. They target female audiences who are internet savvy and spend online. 80% of their member base are Malaysian female age 18-40. They capture them as early as their dating & wedding stage, then retain / guide them through their important life stages of motherhood, family & lifestyle. Since launch in Sep-2013, they have achieved good traction. As of Jan-2016, they have acquired 1500 vendors, 300K couples getting married and ranked category leader in Malaysia & Singapore.

RecomN.com

Seed Round in 2016
RecomN.com is an online platform based in Malaysia that facilitates the search for various recommended services, primarily focusing on home improvement and event planning. Since its establishment in 2014, it has aimed to provide homeowners with access to a wide range of service professionals, including renovation contractors, interior designers, plumbers, handymen, wedding planners, and photographers. The platform promotes trust and transparency in the hiring process, ensuring that users can find reliable professionals for their needs. In addition to connecting homeowners with service providers, RecomN.com offers insurance coverage to protect clients in case of issues during projects. The company is committed to making home improvement safer and more convenient, serving as a valuable resource for those seeking quality services in Malaysia.

YouthsToday

Seed Round in 2016
YouthsToday operates a platform designed to connect young individuals with corporate brands and small to medium enterprises in Malaysia. Launched in November 2014, the platform facilitates sponsorship and event matching, allowing students to request sponsorships that are aligned with their events. With over 25,000 registered users and 1,500 events listed, YouthsToday offers development programs, knowledge exchange, and opportunities for youth to gain exposure and support in their career pursuits. By fostering connections between students and brands, the platform enables brands to enhance their marketing and advertising visibility within youth-centric events while supporting the professional growth of young individuals.

Hermo

Series A in 2015
Hermo is a cosmetics e-commerce platform based in Johor Bahru, Malaysia, dedicated to providing a wide selection of beauty and skincare products. The platform allows customers to conveniently discover and purchase a variety of personal care items at competitive prices. Hermo aims to enhance users' beauty experiences by offering access to trendy products and facilitating the sharing of beauty tips within its community. Thousands of individuals in Malaysia rely on Hermo for their beauty needs, making it a popular destination for those seeking to improve their appearance through a diverse range of offerings.

Offpeak.my

Series A in 2015
Offpeak.my, operated by Offpeak Hub Sdn Bhd, is an online platform based in Petaling Jaya, Malaysia, designed to help diners save money and time when booking restaurant reservations. The platform offers a comprehensive directory of local restaurants, allowing users to easily search for and discover new dining options. Customers can book tables and enjoy immediate discounts without the need for waiting for special deals or coupons. Additionally, users can save their favorite restaurants in a hotlist to access daily savings effortlessly. By providing a seamless booking experience, Offpeak.my aims to make dining more affordable and convenient, promoting the idea that every hour is an opportunity for dining discounts.