Monk's Hill Ventures

Monk's Hill Ventures, founded in 2014 by Peng T. Ong and Kuo-Yi Lim, is a Singapore-based venture capital firm that specializes in early-stage technology investments across Southeast Asia. The firm targets promising startups at the pre-Series A and Series A stages, focusing on sectors such as health tech, edtech, software, media, insurtech, e-commerce, fintech, and big data. Backed by global institutional investors and family offices, Monk's Hill Ventures emphasizes a first-principles approach to investment, breaking down ideas and business models to understand their fundamentals. The firm is characterized by its network of experienced entrepreneurs, operators, and advisors who provide valuable insights and guidance to founders. With a presence in key Southeast Asian markets including Singapore, Indonesia, Malaysia, Vietnam, and Thailand, Monk's Hill Ventures aims to support startups that leverage technology to improve lives across the region.

Michele Daoud

Partner

Natasha Gunawan

Investment Associate

Wilton Halim

Investment Associate

Eugene Hong

Investment Principal

Kuo-Yi Lim

Co-Founder and Managing Partner

Lingga Madu

Venture Partner

Justin Nguyen

Partner

Alex Nguyen

Investment Associate

Peng T. Ong

Co-Founder and Managing Partner

Arun Pai

Principal

Samuel Simanjuntak

Investment Associate

Kim Hock Tan

Investment Manager

Maansi Vohra

Investment Manager

Eunice Wong

Principal

Past deals in Indonesia

Danacita

Series A in 2021
Danacita is a loans to fund their tertiary education and training in Jakarta.

ErudiFi

Series A in 2021
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Logisly

Series A in 2020
Logisly operates a B2B digital logistics platform designed to enhance logistics efficiency through technology. The platform supports shippers by offering verified truck services, including various vehicle types such as flatbeds, trailers, and reefers, along with real-time tracking and digital receipts. This service allows trucking companies to optimize resources by utilizing idle or vacant trucks, while also facilitating quick payment processes. Logisly emphasizes the importance of connectivity between the offline and online worlds in the supply chain, leveraging technology not only to automate processes and reduce costs but also to provide valuable data-driven insights for decision-making and operational improvements.

Crowde

Series A in 2019
CROWDE is an agriculture-focused fintech startup that empowers farmers across Indonesia with technology and capital. Thousands of farmers and investors across Indonesia have already put their trust in us to accomplish what has not been done before: a farmer-friendly financing ecosystem that put in touch investors seeking attractive returns with farmers that are looking for capital to grow, create employment, and support local communities. At CROWDE, we only do agriculture and do it well: we understand how to assess agri-project financing and manage risks pertaining to agriculture. Beyond connecting investors and farmers we also integrate the entire agriculture ecosystem from suppliers to customers through technology. Our investors and farmers have influenced the core of our mission, they are both highly driven individuals who seek to better their own future, this has always inspired us and we look to change Indonesia with this mission in mind.

STOQO

Series A in 2018
STOQO Technology operates an online marketplace tailored for small restaurant and hotel owners in Indonesia, facilitating the bulk sourcing of raw materials at competitive prices directly from manufacturers. Founded in 2016 and based in Jakarta, the company offers a software-as-a-service (SaaS) platform that streamlines procurement processes for food and beverage businesses. Through its application, culinary enterprises can efficiently purchase and manage a wide range of supplies, including food ingredients, fresh produce, and cleaning products, all in one place. This innovative approach allows food industry players to access quality goods at wholesale prices, enabling them to concentrate on their customers and enhance their operational efficiency.

Waresix

Seed Round in 2018
Waresix is a logistics platform for freight-forwarding, warehouse, and land transportation. It is a platform that matches unused warehouse space with users in need of such facility, looks to capitalize on the demand for flexible warehousing given the booming e-commerce market in the country. Waresix provides a solution for dynamic warehousing strategy that allows customers, retailer, distributor, and manufacturer to quickly adapt to variable demand. Waresix is headquartered in Jakarta, Indonesia.

GoQuo

Series B in 2018
GoQuo (M) Sdn Bhd is a travel technology company based in Kuala Lumpur, Malaysia, with additional offices in India, Vietnam, Indonesia, and Turkey. Founded in 2002, GoQuo specializes in providing e-retail solutions for airlines and online travel agencies. Its offerings include a Flight Booking Engine, which can be customized to meet client needs, and a Dynamic Holiday Packaging solution that allows for the bundling of travel components without revealing individual prices. The company also features a Tour Management System that enables clients to create static packages based on available inventory. Additionally, GoQuo provides supplier management, fulfillment, and e-consultancy services, facilitating a seamless digital shopping experience for users. Its cloud-based platform is designed for rapid adaptation to changing market demands and is compatible with various third-party suppliers, enabling comprehensive travel bookings that encompass flights, hotels, car rentals, and ancillary services.

ErudiFi

Seed Round in 2018
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Kulina

Seed Round in 2017
Kulina is a technology-driven food delivery service based in Jakarta, specializing in daily consumption meals. The company partners with local catering and restaurant kitchens to provide a diverse range of meal options, which are delivered directly to customers' addresses. Kulina does not operate its own kitchens; instead, it connects consumers with nearby food providers, utilizing technology to streamline the delivery process and ensure timely arrivals without additional shipping costs. Since its inception in 2016, Kulina has successfully served hundreds of thousands of meals, catering to a growing customer base in Jakarta and its surrounding areas, including BSD, Bintaro, and Alam Sutera. The platform also facilitates online payment options, enhancing the user experience and optimizing the food ordering and delivery process. Kulina maintains offices in both Jakarta and Yogyakarta, further supporting its operational reach.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.