BEENEXT 1

BEENEXT Capital Management is a venture capital firm established in 2015 and based in Singapore. It focuses on early-stage investments in technology startups, particularly in the information technology, SaaS, and fintech sectors. The firm primarily targets seed and Series A funding rounds and aims to support founders by leveraging its operational experience, extensive network, and unique insights. BEENEXT seeks to create a global platform for founders, emphasizing collaboration among entrepreneurs, particularly in South East Asia, India, and Japan. Since its inception, the firm has invested in over 180 companies worldwide, reflecting its commitment to fostering innovation and growth in the digital landscape.

Hero Choudary

Managing Partner

Hero Choudhary

Partner

Anirudh Garg

Partner

Nao Ito

Operating Partner

Yusuke Kono

Investor

Hironori Maeda

Managing Partner

Hiro Maeda

Managing Partner

Danella Rachel Muljono

Associate

Ricky Nguyen

Director, Operations and Finance

Chinh Nguyen

Investor

Yukano Nishijima

Investment Manager

Dirk van Quaquebeke

Managing Partner

Faiz Rahman

Partner

Teruhide Sato

Founder and CEO

Chinmaya Saxena

Partner, Community Strategy

Esther Yi

Investor

Past deals in FMCG

Foodmap

Seed Round in 2022
FoodMap is a startup focused on connecting consumers with ethical farmers and food suppliers through an online food delivery platform. The company simplifies the process of ordering fresh produce by offering a range of organic products, including fruits, vegetables, cereals, oils, nuts, meat, and seafood. These products are directly sourced from farmers, allowing customers to purchase high-quality food items online and have them delivered to their homes. FoodMap aims to promote transparency and support sustainable farming practices while making fresh, nutritious food accessible to a wider audience.

Jago Coffee

Pre Seed Round in 2021
Jago Coffee is a mobile coffee company based in Indonesia that specializes in providing freshly brewed coffee beverages through a fleet of fully electric mobile cafes. The company aims to enhance the coffee experience by offering convenient access to quality beverages, catering to consumers who prefer grab-and-go options or quick delivery. By utilizing mobile electric coffee carts, Jago Coffee is positioned to meet the demands of the market, delivering an instant commerce experience for customers seeking a fast and efficient way to enjoy their coffee.

Farmacare

Seed Round in 2021
Farmacare offers a cloud-based pharmacy business management solution that focuses on optimizing the pharmacy supply chain. Through its digital platform, Farmacare provides tools for analyzing stock levels, daily sales per employee, and purchase invoices. This technology enables pharmacy businesses to make informed decisions that enhance operational efficiency and drive revenue growth. By leveraging advanced analytics, Farmacare aims to support pharmacy operators in achieving more precise and timely decision-making.

GoCement

Seed Round in 2021
GoCement operates a groundbreaking building materials marketplace that specializes in the on-demand delivery of pre-mixed cement and associated mixing equipment directly to construction sites. By addressing prevalent issues in the cement distribution industry, such as excessive intermediaries, inconsistent quality, and logistical challenges, GoCement streamlines the procurement process for construction materials. The company's innovative approach offers customers convenience, cost savings, and improved efficiency while ensuring standardized concrete quality. With a focus on minimizing waste and enhancing productivity, GoCement aims to transform the supply chain for building materials, enabling customers to access ready-to-use products effectively and reliably.

FloBiz

Series A in 2021
FloBiz is India's first neo business platform aimed at supporting small and medium enterprises across the country. The company offers a range of digital solutions, including FloBooks, a mobile billing and inventory management application that functions both online and offline. This user-friendly app allows businesses to create invoices, manage outstanding payments, and monitor stock levels. It also features an online store, payment reminders, sales and purchase reports, a greetings module, and a web version, making it a comprehensive tool for business management. By providing these capabilities, FloBiz empowers clients to digitize their operations and enhance efficiency in their day-to-day activities.

Milkbasket

Series B in 2020
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

GramFactory

Venture Round in 2019
GramFactory is a B2B platform that assists small retailers in sourcing products across diverse categories, including food and beverages, personal care, hygiene, confectionery, and household supplies. The platform is designed to help local grocery stores, departmental stores, and Kirana stores optimize their sourcing processes, enhance asset monetization, and access trade credit. By leveraging technology, GramFactory addresses challenges in a traditionally structured market, providing an efficient solution for small retailers and entrepreneurs to improve their operational capabilities.

FloBiz

Seed Round in 2019
FloBiz is India's first neo business platform aimed at supporting small and medium enterprises across the country. The company offers a range of digital solutions, including FloBooks, a mobile billing and inventory management application that functions both online and offline. This user-friendly app allows businesses to create invoices, manage outstanding payments, and monitor stock levels. It also features an online store, payment reminders, sales and purchase reports, a greetings module, and a web version, making it a comprehensive tool for business management. By providing these capabilities, FloBiz empowers clients to digitize their operations and enhance efficiency in their day-to-day activities.

Milkbasket

Series A in 2018
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

Milkbasket

Series A in 2018
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

GruBox

Seed Round in 2018
GruBox operates India's largest online-to-offline vending machine network, enabling users to purchase food and beverages through its mobile app and collect their orders at nearby kiosks. Founded in 2016 by alumni from IIT Kanpur and ISB Hyderabad, the company offers a variety of cashless payment options, including e-wallets, credit cards, and meal cards. GruBox focuses on providing fresh food and snacks to office workers, with its vending machines strategically located in corporate offices, metro stations, and residential complexes in Gurgaon. The company aims to expand its presence to the top four metropolitan areas in India within the next year, positioning itself as a leading unmanned retail player in the country.

GoZefo

Series B in 2017
Zefo, an early stage eCommerce startup committed to giving buyers and sellers an absolutely hassle free used furniture shopping experience.

GruBox

Seed Round in 2017
GruBox operates India's largest online-to-offline vending machine network, enabling users to purchase food and beverages through its mobile app and collect their orders at nearby kiosks. Founded in 2016 by alumni from IIT Kanpur and ISB Hyderabad, the company offers a variety of cashless payment options, including e-wallets, credit cards, and meal cards. GruBox focuses on providing fresh food and snacks to office workers, with its vending machines strategically located in corporate offices, metro stations, and residential complexes in Gurgaon. The company aims to expand its presence to the top four metropolitan areas in India within the next year, positioning itself as a leading unmanned retail player in the country.

GoZefo

Series A in 2016
Zefo, an early stage eCommerce startup committed to giving buyers and sellers an absolutely hassle free used furniture shopping experience.

GoZefo

Venture Round in 2016
Zefo, an early stage eCommerce startup committed to giving buyers and sellers an absolutely hassle free used furniture shopping experience.

PepperTap

Series B in 2015
PepperTap is a mobile application that provides grocery delivery service. It enables users to buy fruits, vegetables, and groceries that will be delivered in 2 hours with just a few taps. The company aims to be the fastest on-demand grocery delivery service in India that provides convenience, on-time and on-demand delivery to its patrons, along with superlative services and hand-picked products. PepperTap was founded in 2014 and is headquartered in Gurgaon, Haryana.

FAASOS

Series C in 2015
FAASOS, operated by Rebel Foods Services, is an on-demand food delivery platform that primarily functions through a mobile app. It is transforming the way customers order and receive food, serving approximately 10,000 customers daily, with a rapidly increasing user base. The service is currently available in ten cities, focusing exclusively on app-based orders to enhance customer convenience and streamline the delivery process. As a pioneer in the food tech space, FAASOS continues to expand its reach and improve its offerings to meet the growing demand for quick and accessible food delivery solutions.

PepperTap

Series B in 2015
PepperTap is a mobile application that provides grocery delivery service. It enables users to buy fruits, vegetables, and groceries that will be delivered in 2 hours with just a few taps. The company aims to be the fastest on-demand grocery delivery service in India that provides convenience, on-time and on-demand delivery to its patrons, along with superlative services and hand-picked products. PepperTap was founded in 2014 and is headquartered in Gurgaon, Haryana.

HappyFresh

Series A in 2015
HappyFresh is an online grocery platform operating in Southeast Asia, specifically in Indonesia, Malaysia, and Thailand. Founded in 2014, it enables customers to shop for a variety of grocery products from local supermarkets with ease. The company employs its own delivery fleet and staff, who are responsible for selecting and delivering fresh groceries directly to consumers' doorsteps. By partnering with established grocery stores, HappyFresh provides a convenient service that allows users to order their essential items efficiently.
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