Gobi Partners, established in 2002, is a Pan-Asian venture capital firm headquartered in Kuala Lumpur and Hong Kong, with a presence in 15 key markets across Asia. The firm manages over US$1.5 billion in assets and invests in early to growth-stage startups, focusing on emerging and underserved markets. Gobi has raised 15 funds to date and has invested in over 350 startups, nurturing 10 unicorns. The firm's investment focus spans various sectors, including logistics, media, retail, information technology, and emerging technologies like AI, IoT, and fintech. As a UN Global Compact Participant, Gobi is committed to sustainable and responsible investing, aligning its strategies with universal principles on human rights, labour, environment, and anti-corruption.
iMotorbike is the leading online e-commerce platform for motorbikes in Southeast Asia, offering a diverse range of products including motorcycles, parts, and accessories. The marketplace aims to revolutionize motorcycle sales by providing an extensive selection of brands and models, along with a user-friendly search engine to help customers find motorcycles based on specific criteria such as make, model, and location. In addition to facilitating the purchase of motorbikes, iMotorbike enhances the user experience by offering services like insurance and financing, creating a comprehensive ecosystem for motorbike enthusiasts, owners, and professionals. The platform is dedicated to delivering a fast, secure, and straightforward online experience, distinguishing itself in the competitive market.
Bateriku
Series B in 2024
'Azarol Faizi is the Founder & CEO of Bateriku Group of Companies, Malaysia’s leading Vehicle Ownership Experience Service Provider' Azarol Faizi is a Malaysian entrepreneur and the Founder and CEO for Bateriku Group of Companies – a Vehicle Ownership Experience platform that provides breakdown and maintenance solutions directly to vehicle owners via technology and gig economy. Today, there are 3 companies under Bateriku Group of Companies namely Bateriku (M) Sdn. Bhd., Akademi Bateriku Sdn. Bhd. and BPlaz (M) Sdn. Bhd. Azarol previously founded Astra Manufacturing, a battery manufacturing factory that primarily supplies automotive and industrial batteries to OEM and REM companies such as Proton, Perodua, Mitsubishi, Petronas and Telekom. Azarol’s vision was to ultimately make it easy and seamless for vehicle owners to receive solutions and support to anything and everything that is related to their vehicle. He wanted to create a sustainable ecosystem of automotive product and service providers that prioritize awesome customer experience, every time, all the time. Inspired by the tech disruption created by MyTaxi and Uber in Malaysia, Azarol saw the gap in the market for battery replacement for vehicle owners. In 2014, he pivoted his 7-person team to establish Bateriku.com – an online platform that enable vehicle owners to find on-demand solution to that dreadful #battkong experience via its well trained and equipped crowdsourced technicians or BHero. In 2015, Bateriku.com started to build a network of Dealers under the ‘BPreneur’ Program to establish its unique selling proposition of Nationwide Warranty Assistance. The BPreneur program has enabled the opening of more than 150 Bateriku retail outlets or Pitstops nationwide including in Sabah and Sarawak. In 2017, Bateriku launched its Bateriku Customer App for a seamless after-sales customer experience that complements existing touchpoints of 24/7 hotline number, web booking, whatsapp and social media enquiries. In 2019, the group expanded its on-demand battery solution by offering full-fledged Roadside Assistance to vehicle owners under BPlaz. The solutions offered include towing, tyre replacement, fuel top-up and car lock-out services. The services are fulfilled by either its BHero network or workshop partners under the ‘BBuddy’ program. In the same year, Bateriku was appointed as Etiqa Insurance’s service provider to serve Etiqa’s 2.5Million insurance subscribers. To date, Bateriku has served close to 1.2 Million vehicle owners and has shared more than RM12 Million in commission payouts within its ecosystem partners. The group reached multiple milestones in 2022 when it was appointed by Allianz Malaysia to serve Allianz’s 3.5 Million subscribers. In the same year, Persatuan Insurans Malaysia (PIAM) also appointed Bateriku as a licensed insurance agent. The biggest milestone for the group happened on May 22 with the launching of Bateriku’s very own automotive product range under the Astra brand by Bateriku.com. Since the introduction of Astra batteries, Bateriku has managed to sell more than 200,000 units of batteries nationwide. More recently, the Astra brand has also introduced exclusive Astra wiper blades to the Malaysian market since April 2023. Azarol is determined to bring in more fast-moving products under the Astra brand for the benefit of not just vehicle owners, but also to its ecosystem partners. Today, the group has built an ecosystem comprising close to 1,000 BHeros, 100 BPreneurs and approximately 3,000 BBuddys to fulfil the growing demand for battery and roadside assistance solutions. Bateriku today collaborates with prominent brands including Allianz, Etiqa, Socar, Gocar, Touch & Go, Setel and Grab by providing multiple value-added offerings to respective partner’s ecosystem. In January 2023, Bateriku established Akademi Bateriku – a training centre that primarily aims to streamline on-the-ground deliverables to its growing ecosystem. Akademi Bateriku received endorsement from HRDF for its multi-level certification programs that includes vehicles systems troubleshooting as well as EV and Hybrid systems. Concurrently, Bateriku also established its first BGarage – a workshop model designed and operated by Bateriku to accommodate customers with non-related battery issues such as alternator and starter issues. The establishment of BGarage value-adds to the overall customer experience for Bateriku’s existing and potential customers. Recently, Bateriku signed a Memorandum of Contract with TowMe Asia – a roadside assistance company based in Singapore to provide cross-border solutions to travellers to/from Malaysia and Singapore respectively. In its pipeline, the group is looking to solidify its position by digitizing the 3 verticals of Battery, Breakdown and Bengkel into an inclusive automotive digital platform called ‘Bazaar.’ Enabled by its priority on customer experience and the advancement of technology, the group has evolved from a brick-and-mortar battery reseller to providing real solutions very much needed by vehicle owners, not just in Malaysia and Singapore but soon to other ASEAN countries.
Protos Labs
Seed Round in 2023
Protos Labs is a Singapore-based cyber risk management company founded by former leaders from Booz Allen. The company focuses on enhancing the ability of insurers and enterprises to manage cyber risk through its innovative, AI-driven platform. This platform provides real-time, data-driven risk insights by integrating information from various sources, including security tools and threat intelligence feeds. By employing a unique threat-informed approach, Protos Labs assesses an organization's cyber resiliency dynamically, allowing insurers to quantify their clients' cyber risk exposure accurately. This capability helps reduce the likelihood of breaches and enables insurers to monitor changes in a client's risk profile over time, ultimately enhancing overall cybersecurity measures.
OneDegree
Series B in 2023
OneDegree is an insurance technology company based in Kwun Tong, Hong Kong, founded in 2016. It operates an online insurance platform that enables consumers to efficiently find and purchase personal and health insurance products. The platform features a connected application that automates key processes such as claims management, policy administration, and customer service, thereby streamlining the insurance experience. As a digital insurer, OneDegree aims to lead the next generation of the insurance industry in Asia by collaborating with leaders in the insurance and health sectors to enhance technology and user experience.
iMotorbike
Series A in 2023
iMotorbike is the leading online e-commerce platform for motorbikes in Southeast Asia, offering a diverse range of products including motorcycles, parts, and accessories. The marketplace aims to revolutionize motorcycle sales by providing an extensive selection of brands and models, along with a user-friendly search engine to help customers find motorcycles based on specific criteria such as make, model, and location. In addition to facilitating the purchase of motorbikes, iMotorbike enhances the user experience by offering services like insurance and financing, creating a comprehensive ecosystem for motorbike enthusiasts, owners, and professionals. The platform is dedicated to delivering a fast, secure, and straightforward online experience, distinguishing itself in the competitive market.
PolicyStreet
Series B in 2023
PolicyStreet is an insurtech company that offers digital insurance solutions to businesses and consumers in Southeast Asia and Australia. The company aims to democratize the insurance industry by curating products and policies tailored to individual lifestyle needs. Its services include embedded insurance, customized employee benefits, financial advisory, and insurance aggregation. Additionally, PolicyStreet focuses on developing digital technologies to simplify the insurance process, enabling customers to purchase policies directly and access a range of services designed to make insurance more meaningful and straightforward.
PolicyStreet
Series A in 2021
PolicyStreet is an insurtech company that offers digital insurance solutions to businesses and consumers in Southeast Asia and Australia. The company aims to democratize the insurance industry by curating products and policies tailored to individual lifestyle needs. Its services include embedded insurance, customized employee benefits, financial advisory, and insurance aggregation. Additionally, PolicyStreet focuses on developing digital technologies to simplify the insurance process, enabling customers to purchase policies directly and access a range of services designed to make insurance more meaningful and straightforward.
Maria Health
Seed Round in 2019
Maria Health operates an online health insurance marketplace aimed at improving access to healthcare in the Philippines. The platform allows individuals, startups, and small to medium enterprises to compare a variety of premium and prepaid health plans from multiple providers. By providing a straightforward way for users to evaluate their options, Maria Health seeks to make healthcare more accessible and ensure that everyone has the opportunity to find a plan that meets their needs.
Tripfez
Venture Round in 2016
Tripfez, a brand under Lagisatu Travel Sdn Bhd, operates a travel portal tailored specifically for Muslim travellers. The platform serves as a comprehensive resource, enabling users to find affordable and suitable travel options that align with their religious practices. Tripfez emphasizes halal-friendly accommodations and offers a range of services, including online booking of travel packages, flights, hotels, ground arrangements, visa applications, and travel insurance. By partnering with Salam Standard, Tripfez ensures that hotels meet high compliance standards, enhancing the overall experience for Muslim travellers. With the global Muslim travel market significantly growing, Tripfez positions itself as a key player in addressing the unique needs of this demographic.
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