IdeaRiverRun

IdeaRiverRun is a private equity fund and incubator located in Petaling Jaya, Malaysia. The firm focuses on identifying and collaborating with talented individuals and companies to develop innovative platforms that effectively engage and serve clients and communities in the digital age. By leveraging its resources and expertise, IdeaRiverRun aims to foster growth and create impactful solutions within the evolving business landscape.

Tan Sri Vincent Lee

Chairman

5 past transactions

ZeroHero

Pre Seed Round in 2021
ZeroHero is the only home selling platform owners need, homes get sold faster with ZeroHero through the power of neighbours and the best thing is all these services for just a low fixed fee.

Carsome

Series A in 2016
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.

Carsome

Seed Round in 2015
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.

Gimmie

Venture Round in 2014
Gimmie is a Singapore-based start-up founded in 2011 that specializes in digital marketing tools aimed at acquiring, converting, and retaining customers across web and mobile platforms. The company offers cloud-based customer relationship management software featuring gamification and rewards management capabilities, which integrate seamlessly with existing systems to enhance customer loyalty. Over the past two years, Gimmie's platform has attracted notable clients, including some of Asia's largest telecommunications, media companies, retailers, and brands. The company is backed by a diverse group of global investors, including Tandem, the National Research Foundation, Wavemaker Labs, Ideosource, and IdeaRiverRun.

Digital News Asia

Seed Round in 2014
Digital News Asia (DNA) is an independent news portal that focuses on the information and communication technology (ICT) ecosystem in South-East Asia. Launched in May 2012, DNA provides comprehensive coverage of industry issues, public policy, technological advancements, and business trends. The portal highlights the experiences of entrepreneurs and startups, offering insights into their challenges and successes. It emphasizes enterprise technology from a customer perspective, exploring how organizations utilize ICT to meet their business objectives. In addition to written content, DNA features monthly radio shows, enhancing its commitment to delivering daily insights and analytical coverage to help individuals deepen their understanding of the evolving ICT landscape in the region.
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