Asia Venture Group

Asia Venture Group is a private Internet holding company founded in 2013 and based in Kuala Lumpur, Malaysia. It specializes in creating long-term value in Southeast Asian online markets by focusing on digital distribution models. The company combines international expertise with rigorous execution and outstanding management talent, working closely with top local partners. Asia Venture Group is highly selective in choosing the companies it supports, allowing for strong engagement in their daily operations. This hands-on approach enables the firm to effectively target key opportunities within the Asian internet landscape.

Kai Kux

Managing Director and Venture Partner

Past deals in Malaysia

Flower Chimp

Series A in 2022
Flower Chimp is a flower and gift delivery service operating in Malaysia, the Philippines, Singapore, Hong Kong, and Indonesia. The company specializes in providing same-day delivery of flowers and a variety of gifting items, including bouquets and arrangements suitable for any occasion. By facilitating the timely delivery of these items, Flower Chimp enables customers to express their emotions and connect with loved ones through thoughtful gifts.

Flower Chimp

Seed Round in 2018
Flower Chimp is a flower and gift delivery service operating in Malaysia, the Philippines, Singapore, Hong Kong, and Indonesia. The company specializes in providing same-day delivery of flowers and a variety of gifting items, including bouquets and arrangements suitable for any occasion. By facilitating the timely delivery of these items, Flower Chimp enables customers to express their emotions and connect with loved ones through thoughtful gifts.

HappyFresh

Series A in 2015
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.

TrustedCompany

Series A in 2014
TrustedCompany.com is an online review platform based in Kuala Lumpur, Malaysia, with operations in Hong Kong and Malaysia. Founded in 2013, it connects consumers by facilitating the collection and integration of genuine customer reviews, enabling businesses to enhance their performance through valuable feedback. The platform focuses on addressing trust issues between consumers and online merchants, thereby empowering users to make informed purchasing decisions. TrustedCompany.com specializes in providing a software-as-a-service (SaaS) solution that integrates with e-commerce, e-marketing, and customer relationship management systems, allowing companies to engage with customers effectively and leverage the benefits of word-of-mouth marketing. With a mission to improve the e-commerce landscape in Southeast Asia, TrustedCompany.com serves over 1,000 clients, helping them enhance service levels and drive sales.
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