Lotte Ventures

Lotte Ventures is a corporate venture capital firm established in 2016 and based in Seoul, South Korea. As the venture capital arm of Lotte Group, it focuses on investing in startups across various sectors, including technology, food, circulation, chemicals, construction, manufacturing, tourism, services, and finance, primarily in Southeast Asia. In addition to financial support, Lotte Ventures offers acceleration services to help nurture and grow its portfolio companies.

Yeongmin Jeon

CEO

Past deals in Rental

Returnit

Series A in 2025
RETURNIT is a service that replaces single-use containers with reusable containers used for food delivery.

Returnit

Seed Round in 2023
RETURNIT is a service that replaces single-use containers with reusable containers used for food delivery.

Baree

Series A in 2022
Baree is an automobile company that offers domestic motorcycle maintenance and second-hand trading of bikes.

CHEXCAR

Series A in 2022
CHEXCAR is a comprehensive car care service platform focused on enhancing the used car distribution process. It offers an integrated certification merchandising system that facilitates transactions from vehicle purchase to sale. The platform is designed to improve the customer experience by allowing clients to buy used cars through a mobile application. Customers can either collect their purchases directly from the vehicle or acquire them immediately at a vending machine. This innovative approach aims to streamline the buying process and provide valuable services diagnosed by vehicle specialists, contributing to the growth of the used car market.

Baree

Seed Round in 2022
Baree is an automobile company that offers domestic motorcycle maintenance and second-hand trading of bikes.

KRG Group

Seed Round in 2022
KRG Group is a rental guarantee company that offers rental management and rent deposit management services.

CHEXCAR

Seed Round in 2021
CHEXCAR is a comprehensive car care service platform focused on enhancing the used car distribution process. It offers an integrated certification merchandising system that facilitates transactions from vehicle purchase to sale. The platform is designed to improve the customer experience by allowing clients to buy used cars through a mobile application. Customers can either collect their purchases directly from the vehicle or acquire them immediately at a vending machine. This innovative approach aims to streamline the buying process and provide valuable services diagnosed by vehicle specialists, contributing to the growth of the used car market.

Returnit

Venture Round in 2021
RETURNIT is a service that replaces single-use containers with reusable containers used for food delivery.

Buxi

Venture Round in 2017
buxi is a ride-sharing application that offers on-demand transportation services specifically for travelers in Korea. The app facilitates airport transfers, allowing users to easily book rides to and from the airport, as well as between their hotels. By enabling car rentals and sharing options, buxi provides a convenient solution for users looking for reliable and accessible transportation at any time of the day.

Rengo

Seed Round in 2016
RENGO is a mobile application that specializes in car rental services, focusing on delivering premium mobility options. The platform allows users to make reservations without the need for membership registration, streamlining the rental process. Customers can rent vehicles on a monthly basis and benefit from comprehensive car insurance. RENGO's service includes a diverse selection of vehicles from various domestic and international manufacturers, making it a convenient choice for individuals seeking flexible transportation solutions.
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