Elixir Capital

Elixir Capital Management is a private equity and venture capital firm established in 2011, with headquarters in Palo Alto, California, and an office in Kuala Lumpur, Malaysia. The firm specializes in investing in growth-stage technology and tech-enabled companies, particularly in Southeast Asia, focusing on markets such as Malaysia, Indonesia, and Singapore. Elixir Capital targets small to medium enterprises poised for rapid growth, particularly those that are change-intensive and can leverage technology to capitalize on the burgeoning middle class. The firm typically invests between $2 million and $6 million per transaction, acquiring minority stakes ranging from 25 percent to 40 percent in its portfolio companies. Elixir Capital aims for exits within three to five years, concentrating on sectors like information technology, big data, mobile, and consumer products.

Amiruddin Azahar

Managing Director

6 past transactions

Kokiku

Seed Round in 2016
Kokiku operates an online culinary platform designed to assist home cooks and food enthusiasts in exploring and preparing a variety of dishes. With a commitment to "Honest Food For Real People," Kokiku offers a wealth of resources, including cooking videos, web series, news articles, and a diverse range of recipes that cover continental, traditional, and local cuisines. The platform also provides information about local culinary events, allowing users to engage with their food community and learn different cooking styles. Through this approach, Kokiku fosters a space for sharing culinary tips and updates, enhancing the cooking experience for its audience.

TheLorry

Series A in 2016
TheLorry is an online platform based in Malaysia, established in 2014 by Nadhir Ashafiq, that facilitates lorry bookings and reservations, providing users with price-fixed quotations. The company connects individuals and businesses with professional movers and drivers, ensuring the safe and secure transportation of goods. Its range of services includes home and office relocation, furniture disposal, lorry rental, cross-border relocation, and bulky item delivery. TheLorry also offers additional services such as packing, wrapping, assembly, and disassembly upon request. By partnering with reputable vendors, the platform emphasizes safety and customer satisfaction, allowing users to assess experiences through reviews. Its comprehensive vendor network and commitment to friendly customer service contribute to its growing portfolio in the logistics industry.

Otelz

Series A in 2015
Otelz.com, established in 2013, is the leading online platform for booking accommodations in Turkey, offering over 3,000 properties ranging from budget-friendly bed and breakfasts to luxury suites. The platform serves both leisure and business travelers by providing a user-friendly interface that allows customers to easily discover, compare, and book various accommodations. Otelz.com guarantees the best prices and includes features such as detailed price information and customer reviews to assist users in making informed decisions. With a dedicated team of over 50 professionals, Otelz.com is committed to enhancing the booking experience, ensuring that travelers can find suitable options that meet their needs and budgets across the country.

FashionValet

Series A in 2015
FashionValet Sdn. Bhd. is an independent online retailer based in Kuala Lumpur, Malaysia, specializing in women's apparel, accessories, and beauty products. Established in 2010, the company offers a diverse range of over 10,000 products from more than 200 brands across Southeast Asia, featuring items such as tops, dresses, skirts, outerwear, and traditional attire like jubahs and kebayas. In addition to clothing, FashionValet provides a variety of footwear, jewelry, bags, and cosmetics, catering to different styles and needs, including active and maternity wear. The retailer is recognized as one of the largest online fashion platforms in the region, committed to delivering quality customer service and shipping worldwide.

Annelutfen.com

Series A in 2015
Annelutfen is a full price online shop for baby products (0-12) in Turkey. Annelutfen offers the widest selection (18.000 SKUs), fast delivery (1-3 days), and best in class user experience.

aWhere

Series A in 2014
aWhere, Inc. is a provider of location intelligence software solutions, specializing in weather-based agricultural intelligence that assists farmers and businesses in making informed decisions. The company offers a range of products including the aWhere InSite Platform, which delivers customized solutions for data integration and analysis, as well as tools for allocation optimization and shopper-driven assortments tailored for retailers, manufacturers, and distributors. Its software provides real-time localized weather information and field-level agronomic insights, helping users manage risks in agriculture and improve operational efficiency. Additionally, aWhere offers specialized solutions such as mosquito abatement systems, malaria control platforms, and pest monitoring tools to serve diverse sectors. Founded in 1999 and based in Wheat Ridge, Colorado, aWhere aims to enhance decision-making across the agriculture value chain and adjacent markets by leveraging data-driven insights.
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