Consumer Archives

Recent News:

Venturi Partners leads SG beauty startup’s $55m series C round, TechInAsia, 21 April 2022

Believe

Believe is a FMCG conglomerate that offers
multiple, private label brands of Halal-certified
cosmetics, fragrances, and personal care
products. The company’s aim is to capture
the fast-growing Halal cosmetics market in
the Southeast Asia region.

Key Operations: India, Bangladesh,
Indonesia (2022)

Industry: Commerce B2B/B2C/Social

Founded: 2019

Founders: Ankit Mahajan and Dheeraj Batra

Website: https://believe.sg/

Recent News:

Hari Pariwisata Dunia, Bobobox Janji Dukung Pariwisata Berkelanjutan – DetikTravel 29 Sep 2022
Capsule hotel startup Bobobox bags $11.5m in series A funding – TechInAsia, 21 May 2020

PORTFOLIO

Bobobox

Bobobox is Indonesia’s leading capsule hotel and outdoor cabin operator with branches across Jakarta, Bandung and Yogyakarta. They design and produce their own patented modular accommodation for different needs such as “express” pods for napping in airports, modular communal pod hotels, and outdoor cabins that experience a strong demand in Indonesia’s domestic tourism market.

Key Operations: Indonesia

Industry: Hospitality/Accommodations

Founded: 2018

Founders: Antonius Bong and Indra Gunawan

Website: https://bobobox.co.id/

Recent News:

Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding, Technode, 18 April 2022

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A, TechCrunch, 30 May 2021

PORTFOLIO

Hangry

Hangry is Indonesia’s first multi-brand, virtual restaurant with over 45 cloud kitchen outlets across Greater Jakarta and Bandung. Hangry sets itself apart by building its own food brands, instead of providing kitchen facilities and services to third-party restaurants and brands. Hangry operates its own mobile app and is also available on leading food delivery
platforms in Indonesia.

Key Operations: Indonesia

Industry: Virtual F&B

Founded: 2019

Founders: Abraham Viktor, Andreas Resha,
Robin Tan

Website: https://www.ishangry.com

Recent News

Grocery delivery startup HappyFresh eyes over 100 dark stores in coming years, Business Times, 8 February 2022

Indonesia-based grocery app Happy Fresh reaps $65M led by Naver Financial and Gafina, TechCrunch, 22 July 2021

PORTFOLIO

HappyFresh

HappyFresh is Southeast Asia’s leading on-demand online grocery platform that partners with supermarkets and retailers to offer customers a wide range of fresh grocery items that are delivered to their doorsteps. HappyFresh recently launched their own HappyFresh Supermarket, operating a network of dark stores in strategic locations to better serve their customers with longer operating hours and shorter delivery time.

Key Operations: Indonesia, Malaysia, Thailand

Industry: E-Grocery

Founded: 2014

Key Management: Guillem Segarra, Fajar Budiprasetyo

Website: https://www.happyfresh.com/

Recent News:

Hmlet rebrands as Habyt, new Apac CEO eyes expansion, Business Times, 11 July 2023
Hmlet merges with European co-living player Habyt, The Business Times, 12 April 2022

PORTFOLIO

Habyt (previously Hmlet)

Hmlet was acquired by Berlin-based Habyt in April 2022. Habyt is the global market leader in co-living spaces with the successful acquisition of both Hmlet and COMMON.

Key Operations: Global

Industry: PropTech

Acquired: 2022

Website: www.habyt.com

Recent News:

Singapore e-scooter operator Neuron Mobility raises $43.5M to fuel rapid international expansion, TechNode Global, 28 April 2022
Q&A: Neuron Mobility’s UK boss on e-scooters, safety and helmet selfies, Move Electric, 29 Jul 2022
Neuron riders travel 20 million kilometres across Australia, Intelligent Transport, 12 Oct 2022

PORTFOLIO

Neuron Mobility

Headquartered in Singapore, Neuron Mobility is B2G2C micro-mobility tech company that provides sustainable short-distance mobility solutions to connect people and places in a safe, convenient and fun way. They design their own e-scooters and the management system specifically for renting and safety to world-class standards.

Key Operations: Australia, New Zealand, United Kingdom

Industry: Micro-mobility

Founded: 2016

Founders: Zach Wang and Harry Yu

Website: https://www.rideneuron.com/

Recent News:

Pace Rolls Out Virtual Card in Singapore for BNPL Payments, Fintechnews, 5 April 2022

Pace acquires Rely for BNPL boost, TechInAsia, 30 March 2022

Pace raises USD40 million Series A funding from Pan-Asian group of investors from Singapore, Japan, Korea, China Taiwan and Indonesia, PR Newswire, 21 November 2021

PORTFOLIO

Pace

Pace is a fintech company that partners with merchants and retailers to provide shoppers with Buy-Now, Pay-Later (BNPL) payment options, allowing them to spend less upfront and spread their purchases over 3 interest-free instalments.

Key Operations: Singapore, Malaysia, Hong
Kong

Industry: Fintech

Founded: 2020

Founders: Turochas Fuad

Website: https://pacenow.co/

Recent News:

Singapore startup PerroMart taps into soaring rate of pet ownership in Asia, Inside Retail Asia, 7 November 2021

PORTFOLIO

Perromart

Perromart is a pet-care e-commerce platform that offers an extensive range of pet services and products from leading third-party brands as well as its private-label brands.

Key Operations: Singapore, Malaysia, Japan

Industry: Pet E-Commerce

Founded: 2015

Founders: Roy Lim, Hideki Fujita

Website: https://perromart.com.sg

Recent News:

Social commerce firm RateS raises $6m from Vertex, Insignia, others, DealStreet Asia, 24 January 2022

Social commerce platform RateS bags Series A funding led by Vertex and Genesis Alternative Ventures, The Business Times, 22 February 2021

PORTFOLIO

RateS

RateS is a membership-based social commerce platform with a targeted audience within rural Indonesia. RateS platform uses technology to modernize sourcing, distribution and credit that enables a seamless experience for resellers within rural Indonesia to start their online business via social channels

Key Operations: Indonesia

Industry: Social Commerce

Founded: 2016

Founders: Jake Goh, Albert Ho, Lim Jin Rong

Website: https://ratesapp.co.id/

Recent News:

Indonesian eyewear firm Saturdays bags seed funding in Alpha JWC co-led round, Tech-in-Asia, 22 Feb 2021

Indonesian eyewear brand SATURDAYS bags funding for local expansion, Marketing-Interactive, 28 April 2022

Saturdays Secured Venture Debt Funding From Genesis Alternative Ventures, 14 April 2023

PORTFOLIO

Saturdays

SATURDAYS is a tech-enabled eyewear brand that offers designer quality yet affordable eyewear designed in-house to fit and look great for Indonesian consumers. They provide omnichannel D2C lifestyle shopping experiences through their app, website, home try-on and stores.

Key Operations: Indonesia

Industry: Eyewear

Founded: 2016

Founders: Andrew Kandolha and Rama Suparta

Website: https://saturdays.com

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