Quest Ventures

Quest Ventures is a Singapore-based venture capital firm that specializes in early-stage investments within the digital economy sector across Asia. Founded in 2011 by James Tan and Wang Yunming, the firm has established a strong presence in countries such as Singapore, Malaysia, Vietnam, and Indonesia. Quest Ventures primarily invests in sectors including artificial intelligence, e-commerce, marketplaces, entertainment, finance, food, insurance, logistics, media, property, sports, and the Islamic digital economy.

The firm's investment strategy emphasizes supporting startups at the seed and Series A stages, particularly those demonstrating scalability and replicability in large internet communities. Quest Ventures has a diverse portfolio of over 100 companies, including notable names like Carousell, 99.co, Carro, Glife, Hepmil, Kamereo, Oddle, Shopback, VulcanPost, and Xfers. The firm is recognized as one of the most active investors in Southeast Asia and Central Asia.

In addition to its investment activities, Quest Ventures is committed to driving industry and corporate transformation through its enterprise innovation initiative. This program collaborates with sectors such as alternative food, aviation, banking, insurance, logistics and transportation, oil and gas, and smart cities. Clients include Applied Materials, Coca-Cola, HP, Nissan, and Tencent. The firm's impact capital strategy supports social good initiatives across Asia, focusing on financial inclusion, gender equality, healthcare, and education. As of December 2024, Quest Ventures' portfolio companies operate in more than 150 cities across Asia, employing over 11,000 individuals worldwide.