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Company type | Private Limited Company |
---|---|
Founded | 2013 |
Headquarters | Kuala Lumpur |
Key people | Tim Marbach (CEO) | Kai Kux (Managing Director) |
Number of employees | incl. Ventures 1000 (2016) |
Website | asiaventuregroup |
Asia Venture Group Sdn Bhd (AVG) is a private holding company investing in digital businesses. AVG invests in early stage companies, and has since inception, co-founded 4 companies: iMoney, TrustedCompany, iprice and HappyFresh. [1] The company focuses on digitally scalable business models in Southeast Asia. [2]
AVG was incorporated in Kuala Lumpur by German entrepreneur Tim Marbach in 2013. That year, AVG invested USD500,000 in imoney.my, a Malaysia-based financial products comparison site. [3] In November 2013, AVG co-founded its second company, TrustedCompany, a review platform for e-commerce businesses in Malaysia, India and Brazil.
In 2014, Kai Kux joined AVG as its Managing Director. AVG co-founded its third and fourth companies in 2014. iPrice is a one stop platform for e-commerce discovery in Southeast Asia. [4] HappyFresh is an online grocery platform with one hour delivery service, which commenced operation at the end of 2014. [5]
As of 2016, AVG (together with its co-founded companies) had a presence in 8 cities and 13 offices, with more than 1,000 employees from more than 35 countries. [6]
As of 2016 AVG had invested in more than 20 companies, predominantly early stage companies, such as: KFit, Scalable Capital or Movinga. [7] AVG has already exited some investments such as Audibene, KaufDA and Returbo.
Sime Darby Berhad is a Malaysian trading conglomerate. Its core businesses operate and serve in the industrial, motors and logistics sectors as well as the healthcare, and insurance segments.
Ramly Processing Sdn. Bhd. is a Malaysian frozen and fast food company founded by Ramly bin Mokni through Pemasaran Ramly Mokni Sdn. Bhd.
Astro Malaysia Holdings Berhad is a Malaysian media and entertainment holding company that began as a paid digital satellite radio and television service, Astro. The company is owned by Usaha Tegas Sdn. Bhd., which also owns Astro Overseas Limited. It serves 5.7 million homes or 72% of Malaysian TV households, 7,500 enterprises, 17.2 million weekly radio listeners, 14.7 million digital monthly unique visitors and 3.1 million shoppers across its TV, radio, digital and commerce platforms.
AmBank Group comprises AMMB Holdings Berhad is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.
Medini Iskandar Malaysia (MIM) is a suburb in Iskandar Puteri, Johor Bahru District, Johor, Malaysia.
IJM Corporation Berhad is one of Malaysia's leading conglomerates and is listed on the Main Market of Bursa Malaysia Securities Berhad. Its core business activities encompass construction, property development, manufacturing and quarrying and Infrastructure concessions. Headquartered in Selangor, Malaysia, IJM's regional aspirations have seen it establish a growing presence in neighbouring developing markets with operations presently spanning 10 countries, with primary focus in Malaysia, Singapore, Australia, United Arab Emirates, China, Indonesia and India.
William Klippgen is a Singapore-based Norwegian entrepreneur and technology venture capitalist who co-founded the price comparison portal Zoomit.com. He served as one of the judges on the television series Angel's Gate, which was broadcast on Channel NewsAsia in 2012. Klippgen is a co-founder and serves as the Managing Partner at Cocoon Capital. He holds an MBA from INSEAD where he is an Entrepreneur in Residence.
Kuala Lumpur Kepong Berhad (KLK) is a Malaysian multi-national company. The core business of the group is plantation. The company has plantations that cover more than 250,000 hectares in Malaysia and Indonesia. Since the 1990s, the company has diversified its business activities such as resource-based manufacturing, property development and retailing with worldwide presence. The company is listed on the Bursa Malaysia and is Malaysia's third-largest palm oil producer. KLK was ranked 1858th in the 2013 Forbes Global 2000 Leading Companies, with market cap of US$6.91 billion. In 2014, KLK was ranked 23rd most valuable Malaysia brand on the Malaysia 100 2014 with a brand value of US$364 million. The late Thong Yaw Hong, (former) secretary general of the Malaysian Treasury, sat on the board of KLK. Lee Oi Hian, the CEO of KLK, is or was chairman of the board of trustees of the Malaysian Palm Oil Council.
Patrick Y-Kin Grove is a Singaporean and Australian tech entrepreneur of mixed heritage.
Tune Group Sdn Bhd is a leisure and entertainment corporation founded by the Malaysian entrepreneurs Tony Fernandes and Kamarudin Meranun. It has airline, hotel, telecommunication, financial services, sports, media and creative industries subsidiaries. Its subsidiaries include: budget airline AirAsia; Caterham Group, a motor engine-based technology company, through which it formerly owned the Caterham F1 Team; and Queens Park Rangers, an English football club. Tune Group was the official shirt sponsor of FA match officials until 2013.
Catcha Group is an international Internet group founded by entrepreneur Patrick Grove. The Group controls a number of publicly listed and private media, new media, online classifieds and e-commerce businesses, and is one of the largest investors in the digital sector in emerging markets, notably ASEAN. Catcha Group and its related entities have completed over 50 investments either directly or indirectly, as sole, majority or minority shareholders.
Catcha Digital Berhad was formed on 8 October 2013 following the completion of the merger between certain Catcha Media Berhad subsidiaries and Says Sdn Bhd. The merger deal, valued at MYR60 million was first announced in May 2013 and completed in July. The new company that resulted was named Rev Asia Holdings Sdn Bhd or Rev Asia for short. On May 8, 2017, Rev Asia Sdn Bhd's subsidiary, Rev Asia Holdings, was acquired by Media Prima for MYR105 million.
Joel Neoh Eu-Jin is a Malaysian entrepreneur, speaker, and investor. He is best known for his role as the founder of Groupon Malaysia and as the International Vice President of Groupon Asia Pacific. He is the founder of Fave but stepped down as its CEO in 2023.
Carousell is a Singaporean smartphone and web-based consumer to consumer and business to consumer marketplace buying and selling new and secondhand goods. Headquartered in Singapore, it also operates in Malaysia, Indonesia, the Philippines, Taiwan, Hong Kong, Macau, Australia, New Zealand and Canada. Carousell is available on both iOS and Android devices.
Lazada Group is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019.
Merchantrade Asia (Merchantrade) is a financial service company based in Malaysia. The company's business is centered on international money transfers, foreign currency exchange, wholesale banknotes, digital payment processing and mobile telecommunications. They also introduced microinsurance as part of their service offerings.
Jirnexu Sdn Bhd is a Southeast Asian financial technology startup headquartered in Kuala Lumpur, Malaysia. The company provides technology to help financial institutions manage different stages of the customer journey: marketing, acquisition, fulfilment and retention. It has business-to-business (B2B) and business-to-consumer (B2C) operations in Malaysia and Indonesia.
Quest Ventures is a venture capital firm founded in 2011 by James Tan and Wang Yunming in Beijing, China. The firm mainly focuses on digital commerce investments and has an office in Singapore. The firm deploys funds across Asia in countries such as Singapore, Malaysia, Vietnam, and Indonesia. Quest Ventures is also the largest anchor tenant at JTC Launchpad.
Amber Court Villa D'Genting Resort is an apartment complex in Genting Highlands, Pahang, Malaysia. It contains two 23-storey apartment towers including three levels of car parks and two levels of retail podiums. The estimated height is 92 m. The 741 apartments are partially used for timeshare and homestay.