Page 18 - Quest Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Digital News Asia March 2, 2021   LOCAL accelerator ScaleUp Malaysia, which launched its second cohort of 20 companies in October 2020 in partnership with Quest Ventures, has selected 11 companies for their second cohort, disbursing a total of US$676,000 (RM2.75 million). These 11 companies will receive an investment of US$61,844 (RM250,000) each to grow their business regionally, the company said in a statement. Diversity was also a highlight of this cohort, as 65% of the scaleups selected consisting of women founders. “We had some amazing companies joinin...

Gojek hunts for a new head of marketing for Singapore Details 18 February 2021 Gojek is on the lookout for a new head of marketing in Singapore. This comes as its previous head of marketing for Singapore, Archishman Ramasubramanian, has moved on to take on the role of head of global demand, strategy and planning, transport group. The appointed individual will be tasked to define the long term brand strategy for Gojek Singapore, according to a job posting seen by  MARKETING-INTERACTIVE. He or she will also be responsible for driving growth and marke...

Details 13 January 2021 Gojek has been thrust into the spotlight recently for alleged merger talks with Grab and Tokopedia respectively. The Indonesian ride-hailing app was reportedly in advanced merger talks with Tokopedia to seal a US$18 billion deal while it allegedly also "made substantial progress" to merge with Grab. Both Grab and Tokopedia have solidified their reputation in their respective industries. Grab's net revenue increased by 70% in 2020 and returned to "well over 100% of pre-COVID levels". According to enterprise intelligence company Craft...

Share The post-pandemic era will be the best time to acquire new capabilities and human talents, according to Seah. As the COVID-19 pandemic wreaked havoc on the global economy, financing nosedived in Southeast Asia, where there was a 13% drop in the amount of capital invested in the region compared to the same period of 2019, while the total numbers of deals declined by 15%, according to research by Cento Ventures. The pandemic has complicated the fundraising process for many startups and venture capital firms, Jeffrey Seah, managing partner of Singapore-based Quest Ventures, told KrASIA. H...