Golden Gate Ventures, established in 2011, is a Singapore-based venture capital firm with a strong presence in Southeast Asia. It invests in early-stage internet and mobile startups across various sectors such as e-commerce, payments, marketplaces, mobile applications, healthcare, education, and B2B SaaS platforms. The firm prefers to back companies with a launched product or established distribution partnerships in the region. Golden Gate Ventures manages multiple funds, with its most recent fund having raised $250 million. It has invested in over 70 companies, including 9 unicorns, and maintains offices in Singapore, Indonesia, Vietnam, and the United States. The firm typically invests between $0.25 million and $5 million per portfolio company, taking a minority equity stake.
Value Proposition: 1. Cost-effective: Freelancers in Vietnamoffer their services at a lower cost. 2. High-quality talent: Vietnam has a highly skilled workforce. 3. Flexible work arrangements: Freelancers in Vietnam are often willing to work on a flexible schedule and can accommodate clients in different time zones. Target market: Mainly Vietnam, SEA in the future Product differentiation: Easier to access for Vietnamese, such as payment and language barrier
Alami
Series B in 2023
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Lifepack.id
Series A in 2022
Lifepack.id is a digital pharmacy startup based in Indonesia that specializes in providing drug subscription services tailored for chronic patients. The platform allows users to request on-demand clinical consultations, facilitating remote interactions with qualified doctors. Additionally, Lifepack employs a team of skilled pharmacists who offer professional advice and support to clients managing chronic diseases. The company is committed to delivering quality and affordable medications, including prescription drugs, health supplements, and over-the-counter products. With plans to establish operations in seven key Indonesian cities, Lifepack.id aims to enhance its capacity for stocking, inventorying, and distributing medications nationwide, ensuring accessible healthcare solutions for its users.
Finku
Seed Round in 2022
Finku is a financial application based in Jakarta, Indonesia, established in 2021. It offers a personal finance platform aimed at helping Indonesian consumers manage their finances more effectively. The platform provides various tools, including an automatic financial logger, financial insights, and personalized monthly budgets, along with reminders for recurring bills. Finku's mission is to eliminate financial illiteracy in Indonesia, enabling users to better navigate the financial ecosystem and make informed financial decisions. By consolidating financial management into a single platform, Finku aims to empower individuals to achieve their financial goals.
Alami
Series A in 2021
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Sampingan
Series A in 2021
Sampingan is an Indonesian company founded in 2018, headquartered in Jakarta with an additional office in Singapore. It operates a mobile application that connects businesses with selected and trained freelancers for task-based jobs. The platform enables users to find temporary work opportunities, facilitating a seamless connection between businesses and individuals seeking to complete specific tasks.
Alami
Series A in 2021
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Alodokter
Series C in 2020
Alodokter is a digital health platform based in Indonesia that offers a comprehensive range of services aimed at enhancing patient care. The platform facilitates telemedicine services, allowing patients to connect with qualified doctors for consultations. In addition to this, Alodokter provides users with credible health information, supportive communities, and detailed reference materials covering various health topics. By enabling appointment booking and offering resources about illnesses, treatments, and healthy living, Alodokter empowers individuals to make informed health decisions, particularly in emergency situations. The platform is designed to improve accessibility to quality healthcare information and professional medical support for users across Indonesia.
BukuWarung
Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for the approximately 60 million micro, small, and medium enterprises (MSMEs) in Indonesia. The company offers a platform that enables users to efficiently manage their financial transactions by recording daily sales, income, and customer accounts payable. Its services include bookkeeping, sending bills through messaging applications, receiving digital payments, and generating daily business reports. By leveraging these tools, BukuWarung aims to empower MSMEs to enhance their financial awareness and business operations through technology.
GoPlay
Series A in 2020
GoPlay provides Indonesian consumers access to local movies and shows, with genres ranging from soaps to horror.
Gojek
Series F in 2020
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.
BukuWarung
Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for the approximately 60 million micro, small, and medium enterprises (MSMEs) in Indonesia. The company offers a platform that enables users to efficiently manage their financial transactions by recording daily sales, income, and customer accounts payable. Its services include bookkeeping, sending bills through messaging applications, receiving digital payments, and generating daily business reports. By leveraging these tools, BukuWarung aims to empower MSMEs to enhance their financial awareness and business operations through technology.
TaniHub
Series A in 2020
TaniHub is a B2B agriculture marketplace based in Indonesia that connects farmers with businesses in the food, hotel, restaurant, and catering sectors. Established in 2015 by co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan, TaniHub provides an e-commerce platform for agricultural products. The platform empowers local farmers by facilitating market access and financial opportunities, allowing them to sell their crops to individuals and micro, small, and medium enterprises (MSMEs) across various regions.
Chilibeli
Series A in 2020
Chilibeli operates a social commerce platform based in Jakarta, Indonesia, that connects farmers, manufacturers, and consumers through a network of agents. Founded in 2019, the platform facilitates the buying and selling of fresh fruits and vegetables via instant messaging tools, streamlining the supply chain for all parties involved. By empowering local farmers and agents, Chilibeli allows them to earn additional income while providing consumers with access to quality produce at competitive prices. The platform emphasizes affordability and convenience, offering features such as free shipping and direct sourcing from farmers, thereby enhancing the overall shopping experience for fresh produce.
Alami
Seed Round in 2019
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Paper.id
Series A in 2019
Paper.id is a software-as-a-service startup founded in 2016 and based in Indonesia. The company provides a comprehensive platform designed for small and midsize enterprises to streamline their invoicing, accounting, and inventory management. By addressing the challenges faced by businesses that still rely on manual processes, Paper.id offers solutions that include digital invoicing, seamless digital payment integration, and a suite of accounting services. The platform also incorporates advanced technologies such as machine learning and supply chain analysis to enhance workflow efficiency. Additionally, Paper.id supports entrepreneurs with features like co-branded business cards and financing options, enabling them to manage their order-to-pay processes and generate financial reports with ease.
Alodokter
Series C in 2019
Alodokter is a digital health platform based in Indonesia that offers a comprehensive range of services aimed at enhancing patient care. The platform facilitates telemedicine services, allowing patients to connect with qualified doctors for consultations. In addition to this, Alodokter provides users with credible health information, supportive communities, and detailed reference materials covering various health topics. By enabling appointment booking and offering resources about illnesses, treatments, and healthy living, Alodokter empowers individuals to make informed health decisions, particularly in emergency situations. The platform is designed to improve accessibility to quality healthcare information and professional medical support for users across Indonesia.
Sampingan
Seed Round in 2019
Sampingan is an Indonesian company founded in 2018, headquartered in Jakarta with an additional office in Singapore. It operates a mobile application that connects businesses with selected and trained freelancers for task-based jobs. The platform enables users to find temporary work opportunities, facilitating a seamless connection between businesses and individuals seeking to complete specific tasks.
TaniHub
Series A in 2019
TaniHub is a B2B agriculture marketplace based in Indonesia that connects farmers with businesses in the food, hotel, restaurant, and catering sectors. Established in 2015 by co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan, TaniHub provides an e-commerce platform for agricultural products. The platform empowers local farmers by facilitating market access and financial opportunities, allowing them to sell their crops to individuals and micro, small, and medium enterprises (MSMEs) across various regions.
Carro
Series B in 2019
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Sampingan
Seed Round in 2019
Sampingan is an Indonesian company founded in 2018, headquartered in Jakarta with an additional office in Singapore. It operates a mobile application that connects businesses with selected and trained freelancers for task-based jobs. The platform enables users to find temporary work opportunities, facilitating a seamless connection between businesses and individuals seeking to complete specific tasks.
Propine
Seed Round in 2018
Propine is a Singapore-based company founded in 2018 that specializes in providing digital asset custody solutions for institutional investors. The firm develops regulated custodian and securities services that ensure secure management of blockchain-based digital assets. Its platform features a dual-layer multi-signature system that safeguards token holder rights and benefits, while also offering administration for token plans related to employees, partners, and investors. Propine’s services include segregated customer accounts, various withdrawal options, and comprehensive reporting capabilities, which encompass detailed transaction histories and notifications of corporate actions. This infrastructure allows institutional clients to effectively manage risk assets associated with tokens and enhances their overall asset management experience.
ZUZU Hospitality
Series A in 2018
ZUZU Hospitality Solutions is a Singapore-based company that provides online revenue management and marketing services tailored for small hotels. The firm offers a comprehensive platform that includes revenue management tools, channel management, property management functionalities, and analytics, which collectively enhance operational efficiency. By acting as a hotel operating system, ZUZU Hospitality enables hoteliers to concentrate on their core business while optimizing their back-office operations for revenue generation. Through its innovative software and services, ZUZU Hospitality aims to drive revenue growth and serve as a vital partner for independent hotel operators.
Rovo
Seed Round in 2018
Rovo Pte Ltd. is a Singapore-based sports technology company founded in 2017 that provides an application designed to connect sports and fitness enthusiasts. The platform enables users to find fellow players at their skill level, organize games, and participate in friendly competitions. Rovo encourages community engagement by facilitating the creation of personal profiles, enabling users to discover nearby players or coaches, and offering access to various group activities and weekly events. The application also allows users to stay updated with their network, exchange badges, and provide feedback, fostering an environment that supports both amateur and experienced athletes in their pursuit of sports.
Carro
Series B in 2018
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Carousell
Series C in 2018
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.
Funding Societies
Series B in 2018
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.
ZUZU Hospitality
Seed Round in 2017
ZUZU Hospitality Solutions is a Singapore-based company that provides online revenue management and marketing services tailored for small hotels. The firm offers a comprehensive platform that includes revenue management tools, channel management, property management functionalities, and analytics, which collectively enhance operational efficiency. By acting as a hotel operating system, ZUZU Hospitality enables hoteliers to concentrate on their core business while optimizing their back-office operations for revenue generation. Through its innovative software and services, ZUZU Hospitality aims to drive revenue growth and serve as a vital partner for independent hotel operators.
Loship
Series A in 2017
Lozi operates an e-commerce platform, Loship, that provides a diverse range of one-hour delivery services in Vietnam. Designed to meet the demands of modern urban life, Loship offers services such as food and grocery delivery, ride-hailing, laundry, medicine, beauty products, flower delivery, and B2B supply delivery. With a fleet of over 70,000 drivers and partnerships with 200,000 merchants, Lozi serves nearly 2 million customers in major cities including Hanoi, Ho Chi Minh City, Da Nang, and Can Tho. The platform aims to facilitate quick and efficient connections between buyers and sellers, catering to the growing preference for immediate delivery in the e-commerce landscape.
MoneySmart Singapore
Series B in 2017
MoneySmart Singapore is a leading personal finance portal in Southeast Asia, helping consumers make informed decisions about loans, insurance, credit cards, and other financial products. The company's mission is to simplify personal finance, offering a free, all-in-one platform where users can compare, understand, and apply for suitable products tailored to their life goals, from everyday expenses to long-term investments.
Carro
Venture Round in 2017
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Printerous
Seed Round in 2017
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, brochures, flyers, calendars, banners, T-shirts, posters, and various promotional products. Printerous aims to streamline the printing process by providing a convenient online platform, allowing customers to place orders without the hassle of visiting a physical store. This online approach not only saves time but also enhances efficiency for businesses in sectors such as corporate, food and beverages, and events. By digitizing traditional printing methods, Printerous facilitates easy access to high-quality printing solutions tailored to diverse client requirements.
WiFi Chua
Seed Round in 2016
WiFi Chua is a mobile application focused on sharing and searching for free WiFi passwords, primarily catering to users in Vietnam. Founded in 2014, it has established itself as the leading WiFi-sharing app in the country, boasting 18 million users and over 2 million WiFi access points available both locally and globally. The app was launched on iOS and quickly rose to prominence, achieving the top position in the App Store within two days of its release and maintaining that status for two consecutive months. WiFi Chua not only facilitates easy access to WiFi networks but also offers features that analyze user behavior, allowing users to play games, earn incentives, and access various content seamlessly.
Gadjian
Venture Round in 2016
Gadjian is a cloud-based payroll and HR management application designed for small and medium enterprises in Indonesia. Founded in 2012 and based in South Jakarta, the platform addresses various payroll and HR management needs, accommodating companies with different payroll schedules, overtime policies, and tax regulations. Gadjian enables organizations to manage and store employee information, including personal details, attendance records, and income tax deductions, while also providing employees access to their own payroll information, such as pay slips. By offering a comprehensive suite of digital solutions, Gadjian supports companies in effectively managing their human resources and promoting workplace engagement.
Coda
Series A in 2016
Coda leads in commerce solutions and out-of-app monetization. Since 2011, we’ve accelerated growth for our partners by expanding their global reach and deepening customer engagement. Trusted by over 300 publishers—including Activision, Electronic Arts, Moonton, and Riot Games—we maximize revenue with solutions like Custom Commerce, Codapay, Codashop, and Distribution. By connecting our partners to more than 90% of the world's preferred payment methods, we unlock access to over 200M paying customers worldwide. Headquartered in Singapore with a team of 400+, Coda has earned recognition as a 2023 APAC High Growth Company by the Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader in Fortune’s Fintech Innovation Asia list (2024), and featured in The Straits Times Fastest Growing Fintechs (2024).
Alodokter
Series A in 2016
Alodokter is a digital health platform based in Indonesia that offers a comprehensive range of services aimed at enhancing patient care. The platform facilitates telemedicine services, allowing patients to connect with qualified doctors for consultations. In addition to this, Alodokter provides users with credible health information, supportive communities, and detailed reference materials covering various health topics. By enabling appointment booking and offering resources about illnesses, treatments, and healthy living, Alodokter empowers individuals to make informed health decisions, particularly in emergency situations. The platform is designed to improve accessibility to quality healthcare information and professional medical support for users across Indonesia.
Carousell
Series B in 2016
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.
Laku6
Convertible Note in 2016
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. It aims to support the emerging middle class by providing affordable options for acquiring and upgrading mobile devices through recommerce and financing solutions. The platform offers accurate and up-to-date information regarding pricing and device specifications, ensuring customers can access quality smartphones at competitive rates.
Omise
Series B in 2016
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.
Carro
Series A in 2016
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Xfers
Seed Round in 2016
Xfers is a Major Payment Institution approved by the Monetary Authority of Singapore, specializing in e-money issuance services. The company operates a payment processing platform that provides credit card processing and online banking transfers. By leveraging advanced technology, Xfers offers secure payment solutions that automate bank transfer payments, allowing users to efficiently pay, receive, and manage their online transactions. The platform aims to connect businesses with the underbanked population in the region, facilitating access to essential financial services.
Loship
Seed Round in 2016
Lozi operates an e-commerce platform, Loship, that provides a diverse range of one-hour delivery services in Vietnam. Designed to meet the demands of modern urban life, Loship offers services such as food and grocery delivery, ride-hailing, laundry, medicine, beauty products, flower delivery, and B2B supply delivery. With a fleet of over 70,000 drivers and partnerships with 200,000 merchants, Lozi serves nearly 2 million customers in major cities including Hanoi, Ho Chi Minh City, Da Nang, and Can Tho. The platform aims to facilitate quick and efficient connections between buyers and sellers, catering to the growing preference for immediate delivery in the e-commerce landscape.
GoQuo
Venture Round in 2015
GoQuo Pte. Ltd. is a company that operates a travel booking platform, providing a comprehensive e-commerce solution for airlines and online travel agencies (OTAs). Founded in 2002 and headquartered in Kuala Lumpur, Malaysia, with additional offices in India, Vietnam, Indonesia, and Turkey, GoQuo specializes in creating personalized digital shopping experiences for its clients. The platform allows users to book flights, accommodations, car rentals, and travel packages, while also offering ancillary products such as travel insurance. With its cloud-based architecture, GoQuo can quickly adapt to changing market demands and regional trends, facilitating a faster time to market for its clients compared to traditional booking systems. The company aims to enhance ancillary revenue for its customers by enabling them to become successful e-retailers.
Perx Technologies
Series A in 2015
Perx Technologies, established in 2011 and rebranded in 2016, specializes in a loyalty and customer engagement platform. Based in Singapore, the company's core offering, Perx Enterprise Platform, leverages AI and behavioral science to create personalized, data-driven marketing campaigns. It enables businesses to predict trends, enhance customer interactions, and drive growth through gamification, social media integration, and geolocalization features.
Omise
Series B in 2015
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.
Laku6
Seed Round in 2015
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. It aims to support the emerging middle class by providing affordable options for acquiring and upgrading mobile devices through recommerce and financing solutions. The platform offers accurate and up-to-date information regarding pricing and device specifications, ensuring customers can access quality smartphones at competitive rates.
HipVan
Series A in 2015
HipVan is an online e-commerce platform based in Singapore that specializes in offering designer furniture, home furnishings, and lifestyle products. The platform features a curated selection of well-designed items, often available at discounts of up to 70% off retail prices. HipVan aims to provide homeowners and consumers with a convenient shopping experience, allowing them to browse and purchase stylish, quality furniture from the comfort of their homes. The company collaborates with top partners and independent designers to bring innovative design inspirations to its customers, enhancing everyday living with affordable yet aesthetically pleasing products. Home delivery services are also provided to ensure a seamless purchasing experience.
MoneySmart Singapore
Series A in 2015
MoneySmart Singapore is a leading personal finance portal in Southeast Asia, helping consumers make informed decisions about loans, insurance, credit cards, and other financial products. The company's mission is to simplify personal finance, offering a free, all-in-one platform where users can compare, understand, and apply for suitable products tailored to their life goals, from everyday expenses to long-term investments.
Xendit
Seed Round in 2015
Xendit is a Southeast Asian fintech company that specializes in providing payment infrastructure primarily in Indonesia and the Philippines. Founded in 2014 by Moses Lo, Tessa Wijaya, Bo Chen, and Juan Gonzalez, Xendit offers a robust payment gateway platform that enables businesses to accept various forms of payments, including bank transfers, virtual accounts, and credit cards. The company simplifies payment processes through a suite of world-class APIs and an intuitive dashboard, allowing businesses to efficiently manage transactions, disburse payroll, and access loan services while also detecting fraud. By streamlining these financial operations, Xendit supports the growth of businesses in the region.
Alodokter
Seed Round in 2015
Alodokter is a digital health platform based in Indonesia that offers a comprehensive range of services aimed at enhancing patient care. The platform facilitates telemedicine services, allowing patients to connect with qualified doctors for consultations. In addition to this, Alodokter provides users with credible health information, supportive communities, and detailed reference materials covering various health topics. By enabling appointment booking and offering resources about illnesses, treatments, and healthy living, Alodokter empowers individuals to make informed health decisions, particularly in emergency situations. The platform is designed to improve accessibility to quality healthcare information and professional medical support for users across Indonesia.
Carousell
Series A in 2014
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.
99.co
Seed Round in 2014
99.co is a Singapore-based online property listing marketplace that specializes in facilitating property searches for renters, buyers, and agents. The company utilizes a map-based property search engine powered by advanced algorithms, which allows users to efficiently find houses, condominiums, and apartments for sale or rent. By focusing on transparency and speed, 99.co aims to enhance the property search experience in Singapore, making it easier for individuals to navigate the real estate market.
Bilna
Private Equity Round in 2014
Bilna operates an online shopping platform focused on family-oriented merchandise in Indonesia. The company specializes in providing a wide range of baby products, catering to the needs of both infants and mothers. Its offerings include baby formula, food, clothing, as well as bath and skincare products. Bilna emphasizes a user-friendly shopping experience with secure payment options and efficient shipping, ensuring customers receive their orders promptly.
Coda
Series A in 2013
Coda leads in commerce solutions and out-of-app monetization. Since 2011, we’ve accelerated growth for our partners by expanding their global reach and deepening customer engagement. Trusted by over 300 publishers—including Activision, Electronic Arts, Moonton, and Riot Games—we maximize revenue with solutions like Custom Commerce, Codapay, Codashop, and Distribution. By connecting our partners to more than 90% of the world's preferred payment methods, we unlock access to over 200M paying customers worldwide. Headquartered in Singapore with a team of 400+, Coda has earned recognition as a 2023 APAC High Growth Company by the Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader in Fortune’s Fintech Innovation Asia list (2024), and featured in The Straits Times Fastest Growing Fintechs (2024).
Carousell
Seed Round in 2013
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.
RedMart
Series A in 2013
RedMart Limited operates an online grocery platform in Singapore, providing a wide range of products including fresh produce, meat, seafood, dairy, bakery items, frozen foods, beverages, alcohol, health and beauty products, household supplies, and items for babies and children. Founded in 2011, RedMart is not a traditional retailer; instead, it serves as a bridge for manufacturers to connect directly with consumers, offering innovative marketing and data analytics capabilities. The company specializes in home delivery services, allowing customers to conveniently order groceries and essentials online. RedMart has been a subsidiary of Lazada South East Asia Pte. Ltd. since November 2016, enhancing its operational reach within the e-commerce landscape.
Coda
Seed Round in 2012
Coda leads in commerce solutions and out-of-app monetization. Since 2011, we’ve accelerated growth for our partners by expanding their global reach and deepening customer engagement. Trusted by over 300 publishers—including Activision, Electronic Arts, Moonton, and Riot Games—we maximize revenue with solutions like Custom Commerce, Codapay, Codashop, and Distribution. By connecting our partners to more than 90% of the world's preferred payment methods, we unlock access to over 200M paying customers worldwide. Headquartered in Singapore with a team of 400+, Coda has earned recognition as a 2023 APAC High Growth Company by the Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader in Fortune’s Fintech Innovation Asia list (2024), and featured in The Straits Times Fastest Growing Fintechs (2024).
MoneySmart Singapore
Seed Round in 2012
MoneySmart Singapore is a leading personal finance portal in Southeast Asia, helping consumers make informed decisions about loans, insurance, credit cards, and other financial products. The company's mission is to simplify personal finance, offering a free, all-in-one platform where users can compare, understand, and apply for suitable products tailored to their life goals, from everyday expenses to long-term investments.
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