Investments

Elevating Our Legacy

MAVCAP, Malaysia’s largest Venture Capitalist, has grown the venture capital market for the last two decades, enhancing local start-up ecosystem value, increasing funding accessibility, and developing local VC talent.

Fund Managers

Operating under the Fund of funds vehicle, we have built a fund size of over RM2bil and backed an outstanding lineups of portfolio funds that are compelling and remarkable.

  • 500 Global, Southeast Asia
    500 Global is a multi-stage venture capital firm with US$2.5B in assets under management that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. We have invested in 45+ companies valued at over US$1B, and we continue to invest across sectors, stages and geographies.
  • Gobi Partners
    Gobi Partners is the most interconnected Pan-Asian venture capital firm with US$1.6 billion in assets under management (AUM). Headquartered in Kuala Lumpur and Hong Kong, the firm supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets.
  • Sunway Group and Kejora Capital
    The Orbit Malaysia Fund I will be managed by Jakarta-based Kejora Capital, with Sunway Group and MAVCAP as anchor investors. Orbit Malaysia will actively invest in Series A, industry-leading companies operating in the FinTech, AgriTech, eCommerce, EdTech and HealthTech sectors, and will invest not only in Malaysian startups, but also significantly in other high-growth Southeast Asian startups. Our Fund:​
    • Orbit Malaysia Fund I
  • Intres Capital Partners
    Intres Capital Partners is a venture capital firm formed through a Partnership of Malaysia Venture Capital Management Berhad (MAVCAP), QuestMark Capital Management Sdn Bhd, and Teak Capital Sdn Bhd. The firm prefers to invest in the fintech, big data and internet of things sector. It is based in Kuala Lumpur, Malaysia. Our Fund:​
    • Axiata Digital Innovative Fund Sdn Bhd
  • Vynn Capital
    Founded in 2018, Vynn Capital is a venture capital firm based in Kuala Lumpur, Malaysia. The firm seeks to invest in the software, TMT, and commercial services sectors. Our Fund:​
    • Vynn Capital Emergence Fund, LP
  • Ficus Capital
    Ficus Capital is the World’s First ESG-Islamic Driven Venture Capital Management Company. It was founded in 2018 by a group of accomplished professionals and entrepreneurs who have accumulated over 70 years of experience in the fields of banking, investment, technology, and entrepreneurship. Ficus Capital seeks to invest in sustainable and dynamic startups that bring impact to the environment and society with a focus on 3 main concepts:
    1. Shariah principles,
    2. Sustainable growth and
    3. Environmental, Social, and Governance (ESG).
    Our Fund:
    • Ficus SEA Fund
  • Asia Greentech Fund
    Asia Greentech Fund
    Asia Greentech Fund invests in green energy and green technology in Asia in response to climate change. Our core members have vast investment management and M&A experiences as well as extensive experience in executing large projects in the region. Moreover, the Fund works closely with governments and agencies in many countries. Our Fund:​
    • Asia Greentech Fund I, LP
  • LuneX Ventures
    LuneX Ventures is a dedicated Blockchain and CryptoCurrency fund in partnership with Golden Gate Ventures; a well established South East Asia based VC. Our Fund:​
    • Lunex Ventures, LP

Our funds are spread across various technological industries supporting high-growth potential start-ups.

500 Global, Southeast Asia

500 Global’s Southeast Asia funds have backed over 290+ companies, including $1B+ companies Grab, Bukalapak, Carousell, Carsome, FinAccel, and eFishery³. This is just the beginning – we are actively growing to serve more founders, as well as connect startups with capital, expertise, and global networks to help them succeed.

  • Carousell
    500 Global, Southeast Asia
    Carousell is a community marketplace/classifieds platform in Singapore, Hong Kong, the Philippines, Malaysia, Taiwan and Indonesia that lets you buy & sell everything from fashion, beauty products, handphones, computers, furniture, books, luxury goods, cars, bikes, houses & home services and more.
  • Carsome
    investee companies
    500 Global, Southeast Asia
    Online car-selling platform to connect customers to used car dealers nationwide, enabling customers to sell their cars within 24 hours with no fees and no hassle.
  • FinAccel
    500 Global, Southeast Asia
    FinAccel is a financial technology company that leverages deep data analytics across users’ digital footprint to automate credit risk scoring and access to credit in Southeast Asia, the 7th largest economy in the world. 
  • Grab Holdings Inc (Grab)
    Unicorns
    500 Global, Southeast Asia
    Developer of an on-demand ride-hailing and mobile payments platform designed to offer booking services for taxis, private cars and motorbikes across Southeast Asia. The company’s platform offers mobile payment services and a location-based application that matches passengers to the closest available driver, enabling users to have access to a variety of convenient and comfortable personal transportation services.
  • PT Bukalapak
    Unicorns
    500 Global, Southeast Asia
    Operator of an e-commerce shopping portal intended to offer a wide range of consumer products across Indonesia. The company’s portal offers products across a range of categories along with, easy returns, flexible payment options like cash on delivery, credit or debit card transactions, net banking, among others, enabling consumers to find and shop wide varieties of commercial and personal products.
Gobi Partners

Gobi has raised 17 funds to date, invested in over 380 startups and nurtured 10 unicorns. Gobi has grown to 15 locations across key markets in Bangkok, Cairo, Dhaka, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Karachi, Kuala Lumpur, Lahore, Manila, Shanghai, Shenzhen, Singapore, and Surabaya. 

 

As a Participant of the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal principles on human rights, labour, environment and anti-corruption to ensure long-term value creation and sustainability across our portfolio.

 

View all companies

  • Aerodyne
    investee companies
    GOBI FUND lll, LP
    Developer of an unmanned aerial vehicle designed to provide drone-based management solutions.
  • Airwallex
    Unicorns
    GOBI FUND lll, LP
    Developer of cross-border payments and foreign exchange platform designed to make and receive international payments. The company’s platform effortlessly integrates into an ecosystem of the application program interface, products, automation, global networks, and local payment systems to create a scalable tool, enabling clients, suppliers, and institutions to issue and pay invoices in their preferred currency at the mid-market foreign exchange rate.
  • Carsome
    investee companies
    GOBI FUND lll, LP
    Online car-selling platform to connect customers to used car dealers nationwide, enabling customers to sell their cars within 24 hours with no fees and no hassle.
  • DeliverEat
    investee companies
    GOBI FUND lll, LP
    Online food ordering & delivery services to provide reliable food delivery to diners and at the same time, assisting restaurants to manage their delivery efficiently. The company’s services offers association with many popular food joints and deliver meals at doorsteps, enabling customers to get their meals in a hassle free manner whenever they want.
  • EasyParcel
    investee companies
    GOBI FUND lll, LP
    Online courier booking platform intended to help deliver small items for small and medium enterprises across Southeast Asia. The company’s platform offers multiple delivery options and services that include door-to-door collection, next day delivery, basic insurance coverage, one account to access multiple courier companies in Malaysia, no deposit required and no minimum commitment services.
  • Eko
    investee companies
    GOBI FUND lll, LP
    Provider of a communication platform designed to revolutionize the way people work. The company’s communication platform connects all employees and enhance communications by allowing teams to easily collaborate on projects and send e-forms, reports and other updates, enabling enterprises to create an efficient and productive team.
  • Eureka Analytics
    investee companies
    GOBI FUND lll, LP
    AI platform that connects data owners with data buyers, enabling partnership between mobile operators and companies in various industries
  • Farmfriend Inc
    investee companies
    GOBI FUND lll, LP
    Developer of an online agricultural service platform intended to focus on providing plant and crop protection drones. The company’s platform connects teams of agricultural drone operators with farmers needing their services, enabling farmers a single click online and enjoy the agricultural science and technology dividend.
  • Finnomena
    investee companies
    GOBI FUND lll, LP
    Developer of an investment and portfolio management application designed to help users invest and manage financial goals. The company’s investment and portfolio management application recommends an automated portfolio of stocks based on the risk that investors choose, along with tracking down their investment situations and adjusting their investment plans to their needs, enabling financial investors to research, analyze data and receive real time analysis of markets and funds.
  • GoQuo (M) Sdn Bhd
    investee companies
    GOBI FUND lll, LP
    Online travel booking platform to create personalized and inspiring digital shopping experience. There is more than 100 third-party suppliers with integrated payment channels, enabling users to locate and book flights, hotel reservations and vehicle rentals.
  • Lovelife Technologies
    investee companies
    GOBI FUND lll, LP
    Online shopping platform for offer beauty products. The company’s platform offers information, reviews and ratings on beauty and wellness products so that consumers will have an idea of every beauty product available in the market.
  • Nuren
    investee companies
    GOBI FUND lll, LP
    Content community designed specially for women. Follows women’s journey from getting married to entering motherhood by gathering vendors and services under one roof, enabling users to discover inspirations, find suitable products and shop online.
  • SimplyGiving Pte Ltd
    investee companies
    GOBI FUND lll, LP
    Operator of an online giving community platform. The company provides a web-based fundraising platform for social community or charity.
  • Store & Send Logistics Sdn Bhd
    investee companies
    GOBI FUND lll, LP
    A full-fledged solution provider with state of the art warehouse management system to automate ecommerce operations. Founded in 2009, the company is pioneer of providing a seamless omni-channel experience, allowing sellers to increase their market entry and expand regionally with ease; from warehousing, pick and pack services, delivery, or order tracking features.
  • Superatom Fintech Inc.
    investee companies
    GOBI FUND lll, LP
    SuperAtom is a technology company that provides financial services. Its services are especially relevant in markets such as Southeast Asia, where traditional banking penetration is low and the proliferation of smartphones is high. The company is driven by a mission to provide hardworking people in Indonesia with easy access to credit via a convenient platform.
  • The Future Commerce
    investee companies
    GOBI FUND lll, LP
    Transform social media from a promotional platform to a transnational platform. The company’s platform is a Facebook and mobile commerce application which simplifies the selling and buying process online on the web, social media, mobile and tablet. Converts likes into paying customers and e-commerce into social media channels, enabling micro-merchants to manage customers, orders, and process payment all in one place.
  • Tripvisto Pte Ltd
    investee companies
    GOBI FUND lll, LP
    Provider of a tour package booking platform. The company’s platform provides Indonesian travelers with competitively priced tour packages for popular international and domestic destinations.
  • Wayblazer Inc
    investee companies
    GOBI FUND lll, LP
    Developer of an AI based technology designed to deliver personalized travel experiences and recommendations.
Fund, LP

SuperSeed invest in early stage companies related to information technology (IT) and technology-media-telecommunications (TMT) in Southeast Asia countries including e-commerce, financial tech, logistics, travel platform and services marketplace.

SuperSeed is managed by Gobi MAVCAP Asean Investment Management Limited, a partnership between MAVCAP and Gobi.

Carsome, Delivereat, iPrice, Jirnexu, SuppplyBunny and Nuren are among the portfolio companies of the Fund.​

For more information, please visit www.gobivc.com or email to mail@gobi.vc

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Meranti Asean Growth Fund, LP

Meranti Asean Growth Fund, LP (Meranti Fund) Meranti Fund make Series B to Series C venture capital investments in companies in various indutries such as telecommunications, media and technology (TMT), consumer and other technology-driven industries, logistics and Islamic investment (Taqwa Tech – Startups that use technology to serve Muslim consumers, business or communities) around Southeast Asean.

Portfolio companies include Aerodyne, Eureka, iStoreiSend and easyParcel.

For more information, please visit www.gobivc.com or email to mail@gobi.vc

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Axiata Digital Innovative Fund Sdn Bhd

ADIF was launched in 2015 and the investors include MAVCAP, Axiata and JCorp. The Fund’s objective is to invest in companies involved in the digital and internet industry for consumers (B2C) and enterprises (B2B) and as well as digitalisation of other industries (disruptors). The Fund invest primarily in Series A onwards companies.

ADIF is managed by Intres Capital Partners Sdn Bhd, a partnership between MAVCAP, QuestMark Capital Management Sdn Bhd and Teak Capital Sdn Bhd.

 

Portfolio companies include Katsana, Aerodyne, EasyParcel, TheLorry, Signature Snack, MaidEasy, Happy Bunch and many more.

 

For more information, please visit www.intrescapital.com or email to enquiries@intrescapital.com

  • Aerodyne
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Developer of an unmanned aerial vehicle designed to provide drone-based management solutions.
  • EasyParcel
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Online courier booking platform intended to help deliver small items for small and medium enterprises across Southeast Asia. The company’s platform offers multiple delivery options and services that include door-to-door collection, next day delivery, basic insurance coverage, one account to access multiple courier companies in Malaysia, no deposit required and no minimum commitment services.
  • Easyuni
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    College search portal intended to provide information about universities and colleges local and abrod. The platform helps students and parents search, compare, shortlist, prioritize and apply to universities or colleges of their choice. Thus making the process of choosing a university easier.
  • Fave
    investee companies
    500 DURIANS, LP, 500 STARTUPS III,LP, AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Provider of a fitness and leisure platform. Connects consumers to spa, health and fitness, food and other deal providers to make fitness and other services more accessible to its users.
  • Happy Bunch
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Retailer of fresh flower bouquets intended to bring people closer all around the world. The company’s flower bouquets can be customized with lilies, daisy flowers and orchids that are delivered on the same day, enabling customers to send flowers to their close ones for any occasion.
  • HolidayMe
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Provider of an online Muslim-friendly travel platform intended to help Muslim travellers. The company’s platform focuses on online bookings of halal-friendly travel packages and Umrah and handles flights, hotels, ground arrangements, visa applications and insurance, enabling users to book and compare hotels on the go.
  • Katsana Holdings Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Developer of a GPS Tracking and Fleet Management System. The company’s platform uses connected-cars technology to help the user track and secure vehicles, make managing fleets easier through fleet management technology and train drivers to become safer on the road.
  • MaidEasy Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Platform designed to hire a trained local cleaner. Helps in finding cleaners anytime, anywhere, enabling customers to easily find cleaners.
  • Serunai Commerce Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Online marketplace designed to bridge the gap between Halal suppliers and consumers.
  • Signature Snack Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Operator of an e-commerce platform designed to provide healthy food. The company’s website sells healthy snacks directly to consumers enabling customers to get fresh food products at lower costs with ease.
  • Softinn Solution Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Provider of a travel technology platform intended to offer online hotel search and booking services, including hotel reservation system for small and medium-sized hotels,
  • Supahands DotCom Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Provider of artificial intelligence services on preparing clean and accurate datasets at scale. The company’s offerings include labelling and annotating data for artificial intelligence algorithms by offering image annotation, tagging and categorization, content moderation and data transcription services.
  • The Lorry Online Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Logistics platform designed to offer fast and easy lorry rental services.The company’s platform provide transparent, secure and reliable lorry transport, professional house moving, furniture disposal and office moving, etc.
  • VAV Apps Sdn Bhd
    investee companies
    AXIATA DIGITAL INNOVATIVE FUND SDN BHD
    Mobile marketing technology designed to send digital content to the smartphone. The company’s mobile marketing technology uses sound waves to help brands and broadcasters to trigger interactions from their audiences. Thus execute true trans-media marketing campaigns to engage their audiences smartphone through TV, radio or internet.
Vynn Capital Emergence Fund, LP

Vynn Capital Fund was launched in end 2018. The Fund invest in early stage companies around Southeast Asia that has high growth potential or companies in tech industry such digital technology, food and fast-moving consumer goods, logistics and enablers, space, travel and vertical retail.

 

Some of the portfolio companies are Travelio, Dropee, Pomona and e-Post.

 

For more information, please visit www.vynncapital.com or email to vc@vynncapital.com

  • Bizbaz
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP

    Bizbaz offers financial intelligence solutions to financial institutions, fintechs and e-commerce companies in Asia, including comprehensive consumer and SME profiling and pre-scoring solutions, which enable them to engage the unbanked and underserved populations and organisations in Asia.

  • Carsome
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP
    Online car-selling platform to connect customers to used car dealers nationwide, enabling customers to sell their cars within 24 hours with no fees and no hassle.
  • E-Post
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP
    Provider of end-to-end cross-border e-commerce and logistics services intended to help traditional businesses transform and expand their business in the e-commerce space. The company provides convenient and efficient shipping of packages to overseas destinations through the company’s strong network of logistics partners, enabling businesses to ensure that customers are able to receive items in geographies that traditional logistics providers may not be able to deliver to.
  • MacroTech Ventures Sdn Bhd (Dropee)
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP
    A B2B marketplace to connect suppliers and retailers for sourcing, operating and trading products. The company’s marketplace focuses on consumer-packaged goods which facilitate retailers to source for products directly from qualified wholesalers, manufacturers and principals, digitize sales orders and track inventories in real-time, enabling businesses to get instant access to hundreds of retailers and maximize distribution.
  • Pomona Technologies Pte Ltd
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP
    Pomona is an omni-channel platform that helps brands to see sales conversion while rewarding consumers with cashback from their offline purchase. It help consumers to save more while brands can get to understand the impact of their marketing campaign and how their purchasing consumers behave in order to grow the brand sales.
  • Travelio
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP
    Travelio is a technology company in Indonesia that allows users to rent, buy and sell property. Travelio offers a variety of properties ranging from apartments, houses and villas. Our property inventory is available in various cities in Indonesia.
  • Velotrade
    investee companies
    VYNN CAPITAL EMERGENCE FUND, LP
    Velotrade has bridged the gap between corporates looking for financial products and investors ready to provide liquidity. We provide agile financing solutions to facilitate trades across borders. Meanwhile, we offer a regulated environment for investors looking for yield. With in-house technology, we remove the hustle for businesses, investors, and financial institutions.
LuneX Ventures
Lunex Ventures, LP

Lunex Ventures was launched in 2018. The Fund invests in the fields of crytocurrencies, application tokens, protocol tokens, app coins and other digital and cryptofinance technology that are based on blockchain in the Southeast Asia countries.

Porfolios include Bluewallet, Octowill, Memento Blockchain and Stackseer.

 

For more information, please visit www.lunex.vc or email to syafiq@mavcap.com

  • Accredify
    investee companies
    LUNEX VENTURES, LP
    Accredify retrieves data to create verifiable documents that are tamper-proof and traceable back to the source.
  • Bluewallet
    investee companies
    LUNEX VENTURES, LP
    Developer of a platform intended to make bitcoin fun, accessible, and usable. The company offers a crypto wallet that allows users to make payments using bitcoin, enabling users to have access to software that increases the speed of bitcoin P2P transactions.
  • Keyless
    investee companies
    LUNEX VENTURES, LP
    Developer of an authentication and identity management platform designed to secure data. The company’s platform combines biometrics technology with a portable infrastructure for identity to ensure data privacy, enabling clients to solve the complexity of authenticating across the web.
  • MugglePay
    investee companies
    LUNEX VENTURES, LP
    MugglePay is a payment solution enabling global, instant and low-cost settlement via cryptocurrency. It provides crypto payment SDK for merchants enabling customer to pay instantly with cryptocurrency without handing over sensitive data.
  • Octowill
    investee companies
    LUNEX VENTURES, LP
    Octowill is a digital Will Services. It provides a non-complicated, fully automated, simple to apply and non-invasive beneficiary assignment as well as inheritance management service to all class of asset holders, while providing beneficiary assignment as well as inheritance management service to all class of asset holders.
  • Propine Capial
    investee companies
    LUNEX VENTURES, LP
    Provider of custodian services intended to offer blockchain-based digital assets. The company’s services provide a dual-layer multi-signature solution with token holder rights, benefits, and administration of token plans for employees, partners, investors and other stakeholders, enabling institutional investors to get reporting services including holdings, rich transaction history and notification of corporate actions and management of risk assets raised through tokens with company-specific risk management facilities.
  • Sparrow Tech
    investee companies
    LUNEX VENTURES, LP
    Operator of online cryptocurrency options trading platform intended to provide a simpler way to control risk and monetize digital assets. The company offers customizable options, easy-to-use trading interface, trading APIs, and trading tools, enabling customers to trade and convert bitcoin derivatives easily.
  • StakeWithUs
    investee companies
    LUNEX VENTURES, LP
    Developer of secure blockchain infrastructure intended to power the next generation of proof of stake blockchain protocols. The company leverages technology to offer custodial solutions, yield aggregation platform, white label solutions, efficient and convenient staking solutions, enabling institutions to carve a branding niche as a staking company without technical hassles.
Asia Greentech Fund
Asia Greentech Fund I, LP

The Fund was newly launched in 2020. AGF is set to invest in companies operating in green energy sector such as solar, hydro, waste to energy and other green energy projects as well as green and environmental technologies in Asia.

 

For more information, please visit www.asiagreentechfund.com or email to syafiq@mavcap.com

  • Fabulous Sunview Sdn. Bhd.
    investee companies
    ASIA GREENTECH FUND I, LP
    Sunview was incorporated in 2013 in Malaysia, and its subsidiaries (together the “Group”), is currently one of the leading system and service providers for a wide range of solar PV systems
MAVCAP Logo
Direct Investments

Direct investments under MAVCAP’s management. 

  • Barking Cow Media Group Sdn Bhd
    investee companies
    DIRECT INVESTMENTS