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Quest Ventures

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Researched and published by the startup.ph editorial team from public sources — not a self-submitted profile.

Quest Ventures

VC Fund 📍 Singapore, Asia

About Quest Ventures

Quest Ventures is a Singapore-based venture capital firm founded in 2011 by James Tan and Wang Yunming (also known for co-founding the Chinese group-buying company 55tuan). The firm reports over US$80 million in assets under management and describes itself as among the top 10 most active investors in Southeast Asia and Central Asia, with a portfolio of 150+ companies across roughly 150 cities in Asia as of the mid-2020s.

Its named portfolio spans marketplaces, fintech, proptech, and media, including well-known Southeast Asian names such as Carousell, ShopBack, 99.co, Carro, Xfers, and Kredivo. Checking its own portfolio listing directly for this profile, no company was found explicitly tagged to the Philippines — its identifiable geographic activity concentrates in Singapore, Indonesia, Malaysia, Vietnam, and other parts of Southeast and Central Asia, without a confirmed Philippine investment.

Investment Thesis

Quest Ventures invests from early to growth stage across Asia, with a broad, opportunistic sector mandate spanning AI, e-commerce and marketplaces, fintech, foodtech, insurance, logistics, media, and proptech rather than a single narrow thesis. The firm has positioned itself as a high-volume, network-driven investor — leaning on deal flow across many Asian markets simultaneously rather than concentrating in one or two core geographies. No stated or confirmed Philippine strategy was found for this profile.

Portfolio Companies

Carousell, ShopBack, 99.co, Carro, Xfers, Kredivo, Ion Mobility, Hepmil