Golden Equator Ventures

Golden Equator Ventures (GEV) is a venture capital firm founded in 2012 and based in Singapore, focusing on high-growth technology companies in Southeast Asia. It invests across various sectors, including fintech, human resources, media, entertainment, education, and digital health. GEV aims to empower emerging leaders and businesses, fostering growth that creates value for consumers and investors alike. As a subsidiary of Golden Equator Group, the firm leverages its extensive ecosystem to support the development of financially rewarding businesses while promoting positive social impact through its core pillars of Capital, Technology, and Community.

Daren Tan

Managing Partner

17 past transactions

Baskit

Seed Round in 2023
Baskit is a developer of a software-as-a-service platform designed to enhance supply chains, particularly for offline distribution businesses in Indonesia. The company focuses on supporting millions of small and medium-sized enterprises (SMEs) in their digital transformation efforts. By addressing significant inefficiencies among intermediaries in the distribution chain, Baskit's platform provides essential tools and services that improve visibility, efficiency, and access to financing. The platform enables traditional distribution businesses to gain insights into market trends, secure financing, and boost online sales. In doing so, Baskit fosters the creation of more transparent and interconnected supply chains, ultimately benefiting local entrepreneurs and the broader economy.

Jenfi

Funding Round in 2023
Jenfi is a financial technology company founded by Jeffrey Liu and Justin Louie, specializing in revenue-based financing for digital-native businesses in Southeast Asia. The company offers a service known as Growth Capital as a Service (GCaaS), which provides non-dilutive capital of up to US$1,000,000 to help businesses scale their marketing, inventory, and growth initiatives. Jenfi utilizes a proprietary risk assessment engine to evaluate both the creditworthiness of businesses and their marketing growth efficiency, ensuring that financing options are flexible and customized to meet the specific needs of each client. The platform has supported hundreds of digital-native companies, including various B2B and SaaS startups. Prior to founding Jenfi, Liu and Louie successfully developed and exited the fitness subscription service GuavaPass.

Jenfi

Seed Round in 2020
Jenfi is a financial technology company founded by Jeffrey Liu and Justin Louie, specializing in revenue-based financing for digital-native businesses in Southeast Asia. The company offers a service known as Growth Capital as a Service (GCaaS), which provides non-dilutive capital of up to US$1,000,000 to help businesses scale their marketing, inventory, and growth initiatives. Jenfi utilizes a proprietary risk assessment engine to evaluate both the creditworthiness of businesses and their marketing growth efficiency, ensuring that financing options are flexible and customized to meet the specific needs of each client. The platform has supported hundreds of digital-native companies, including various B2B and SaaS startups. Prior to founding Jenfi, Liu and Louie successfully developed and exited the fitness subscription service GuavaPass.

Pop Meals

Series B in 2020
Pop Meals is a food delivery service established in 2021 that leverages artificial intelligence for logistics and cooking automation. The company specializes in providing fresh, healthy, and ready-to-eat meals prepared by culinary chefs. With a daily changing menu, Pop Meals caters to popular lunch and dinner needs, ensuring that balanced meals are conveniently delivered to customers' homes or offices. By integrating centralized production with customer data and machine learning, Pop Meals optimizes its operations to offer competitive delivery costs, positioning itself as a leader in the food delivery industry.

Gushcloud International

Venture Round in 2019
Gushcloud International is a global digital talent and media company that specializes in influencer marketing, entertainment, and commerce. It connects audiences and brands with influencers and content creators through various services, including brand strategy, marketing activation, media production, and distribution. The company operates through four main units: Gushcloud Agency, which focuses on influencer marketing; Gushcloud Entertainment, dedicated to building talent-led consumer businesses; Gushcloud Studios, which creates mobile-first content across multiple streaming platforms; and GC Live, a live commerce unit that hosts premium shows to promote global brands in Southeast Asia. With nearly 300 employees, Gushcloud International has a presence in 11 countries, including Singapore, Malaysia, Indonesia, and the United States, positioning itself as a leader in the digital media landscape while fostering long-term career opportunities for digital talents.

Rever.vn

Series A in 2019
Rever Real Estate Technology Co., Ltd is a tech-enabled real estate brokerage firm based in Ho Chi Minh City, Vietnam, founded in 2016. The company specializes in developing an online real estate distribution system that utilizes mapping technology to enhance the buying, selling, and renting processes. Rever aims to simplify these real estate transactions by offering services such as price comparisons, property listing monitoring, and effective communication tools. By integrating modern technology with expert commodity consultants, Rever provides clients with a streamlined experience that saves both time and money when making real estate decisions.

Ohmyhome

Series A in 2018
Ohmyhome is a property technology company based in Singapore, established in 2016. It operates a comprehensive marketplace that facilitates housing transactions by connecting homeowners directly with home seekers. The platform offers a range of end-to-end property solutions, including brokerage services, home renovation, furnishing services, mortgage referrals, legal assistance, and insurance referrals. By providing these diverse services, Ohmyhome aims to simplify the property transaction process for its customers. The company generates revenue primarily through brokerage services and property management, along with additional income from its emerging services. Overall, Ohmyhome serves as a leading property transaction ecosystem in Singapore.

Sorabel

Series B in 2017
Sorabel is a rapidly growing startup focused on providing affordable, high-quality clothing through an online platform. It aims to challenge the traditional fashion industry, which often charges excessively high prices and caters primarily to the privileged. By minimizing overhead costs and reducing intermediary expenses, Sorabel offers a wide range of women's apparel and accessories at discounted prices, making fashion accessible to a broader audience, including the working class and underprivileged. The company's team comprises graduates from prestigious institutions and professionals with experience in top tech companies. Sorabel operates in multiple cities, including Jakarta, Tangerang, Yogyakarta, Bandung, Bali, and Singapore, emphasizing its commitment to leveraging data and technology in its business model.

17 Media

Venture Round in 2017
17Media was established in 2015 in Taiwan. Having raised $10m during Series A, 17Media is considered as one of the fastest growing startups in Asia. 17app is a social media app that enables you to livestream, share photos, upload videos and interact with streamers. Celebrities, actors and singers are all live on the app, join us and interact with them. Who knows, you might be the next internet celebrity!

Vault Dragon

Seed Round in 2017
Vault Dragon is an integrated urban storage company that offers secure and affordable on-demand storage solutions with flexible terms. The company aims to simplify the storage process, allowing users to deposit, manage, and retrieve their belongings through user-friendly web and mobile applications. By focusing on convenience and accessibility, Vault Dragon seeks to become a leading provider in the physical storage space, akin to what Dropbox represents in digital storage.

Glints

Series A in 2016
Glints is a leading talent platform in Southeast Asia, established in 2013 in Singapore. It serves as a bridge between education and employment, helping over 1.5 million professionals and 30,000 organizations achieve their potential. The platform focuses on matching young talent with relevant job opportunities, internships, and courses that enhance essential skills for various careers. By facilitating these connections, Glints enables individuals to explore their passions and develop the competencies needed in the job market while assisting employers in attracting suitable candidates efficiently.

MC Payment

Series B in 2016
Mobile Credit Payment is an electronic transaction processing company headquartered in the sunny city-state of Singapore. With a relentless commitment to go far and wide for their customers, they seek to ensure all of their payment processing services meet the demanding needs of present businesses while setting the standards for the future. They take pride in their service efficiency and security compliance to every transaction, every service, every product and every system. Mobile Credit Payment partners Acquiring Banks, Payment Service Providers/ISO to offer Merchants a secure PCI Compliant, international payment processing platform enhanced with innovative technology. They provide customers with global transaction currencies and regional card settlement currencies, a high-end reporting interface and risk management solution.

Paktor

Series B in 2016
Paktor, founded in July 2013, is a leading dating platform in Southeast Asia, dedicated to connecting singles through technology-driven solutions. With a user base exceeding 5 million, Paktor has facilitated over 5 billion profile reviews and 100 million matches, establishing itself as the most popular dating app in the region. The company focuses on enhancing user experience by emphasizing anonymity, locality, and usability, allowing individuals to connect with nearby potential matches based on mutual interest. Paktor aims to provide a comprehensive suite of products within the dating vertical, fostering a diverse and extensive network in its key markets. By simplifying the process of social interactions and matching, Paktor creates opportunities for users to engage without pressure, reflecting the essence of its name, which means "to bring people together."

Eunoia

Seed Round in 2016
Eunoia is an innovative food and beverage platform that integrates various technological solutions to create a cohesive ecosystem for industry merchants. By fostering collaboration among diverse food tech providers, Eunoia promotes the exchange of ideas and enhances the development of new innovations. The platform features an order aggregation system that centralizes orders from multiple applications, alongside tools for managing menus, stores, and promotions. This comprehensive approach allows food and beverage businesses to streamline operations, improve marketplace engagement, and focus on their core activities. Eunoia's commitment to an open ecosystem empowers merchants to leverage the best available technologies, ultimately driving digital transformation and value creation in the sector.

MYPAY

Series A in 2015
MYPAY provides Social Media payments and helps you to pay via your smartphone. Money can be sent and received from friends and family. They have partnered with MYSQUAR to make remittance and payments fun and easy for over half a million users. Their cooperation with the mobile wallet provider Cellum ensures that your money is 100% safe. They use a network of agents where you can cash in or cash out your money near you. Their service will help everyone in Myanmar to make money transfers easier, quicker and saver.

Fastacash

Series B in 2015
Fastacash provides a global social payments platform that enables users to transfer various forms of value, such as money and airtime, alongside digital content like photos and messages through social networks and messaging applications. The company has developed a patent-pending link generation technology that facilitates secure value transfers via a single point of integration using APIs and SDKs. This innovative platform allows individuals to conduct cost-effective transactions both domestically and internationally while ensuring a secure environment for their payments and shared content.

Oaxis

Series A in 2015
Oaxis is an award-winning technology company based in Singapore, specializing in innovative consumer electronics and wellness technology. The company aims to empower users by facilitating healthier lifestyle choices through products that seamlessly integrate into everyday activities. Oaxis is known for its design-oriented technology offerings, including a second screen for smartphones, hybrid wrist-phones with 3G capabilities, close contact induction speakers, phone cases, and smart fitness bands. These products are developed to provide practical solutions that enhance users' lives by combining functionality with modern design. Oaxis has gained recognition for its contributions to the consumer electronics space, notably with its award-winning InkCase.
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