Asia Partners
Growth equitySingapore · Series C–Late Stage · 22 people tracked
Also known as ASIA PARTNERS FUND MANAGEMENT PTE. LTD.
Investment thesis
Asia Partners believes Southeast Asia is entering a golden age of rising affluence that fuels large tech company formation, similar to earlier waves in China, Korea, and Japan. The firm targets a market gap in growth-stage funding, writing $20-100 million Series C/D checks to address the shortage of growth equity while the Series A/B ecosystem has matured. It anticipates dozens of new billion-dollar tech companies emerging by 2029, many pursuing IPOs, with regional and Indonesia-focused platforms leading. The firm sees the region's complexity as a home-court advantage for local platforms and backs next-generation founders emerging from first-generation tech company alumni.
Source: firm website, verified Aug 25, 2026.
Team · 22 people
from the firm's website & curatedWhat they invest in
from 3 of 4 portfolio companiesConsumer ×2E-commerce ×1Fintech ×1Logistics & Supply Chain ×1Mobility & Transportation ×1Retail Tech ×1
HQs:Indonesia×1Malaysia×1Singapore×1
Investments · 4 tracked
founders shown can be your intro pathCarsome operates a used-car transaction platform in Malaysia that links private sellers with a network of dealers.
Mobility & Transportation
Aaron FoongInvestor Relations Team Not NeededJiun Ee TeohKee Choon (Eric) Cheng
Co-investors500 GlobalAEF Greater Bay Area FundBurda Principal InvestmentsEndeavor CatalystGobi PartnersSpiral Ventures+2 more
GudangAda Beauty is a strategic distribution and brand management partner that helps local and international beauty brands enter, launch, and scale across Indonesia.
ConsumerLogistics & Supply ChainRetail Tech
Stevensang .(Founder)in
Co-investorsAlpha Wave GlobalAlpha JWC VenturesSequoia CapitalWavemaker Partners
ShopBack offers a cashback platform where online shoppers earn real money back on purchases made through partner retailers.
ConsumerE-commerceFintechSingapore, SG
Co-investorsK3 VenturesQualgroCredit SaisonJanuary Capital
Largest rewards and discovery platform in Asia-Pacific, powering over US$4 billion in annual sales across 12 countries.
Co-investorsAppWorks VenturesEast VenturesQualgroQuest VenturesVenturraCredit Saison+1 more
Portfolio news
latest coverage across their companiesCarsome · forbes.com · Aug 24, 2026
Frequently asked questions
- What stage does Asia Partners invest at?
- Asia Partners invests at the Series C, Growth, Late Stage stages.
- What is Asia Partners's typical check size?
- Asia Partners typically writes checks of $20M – $100M.
- What sectors does Asia Partners focus on?
- Asia Partners focuses on AI & Machine Learning, Consumer, Enterprise Software, Fintech, Marketplaces, Sector Agnostic.
- Where is Asia Partners located?
- Asia Partners is headquartered in Singapore, SG.
- Does Asia Partners lead rounds?
- Yes, Asia Partners leads investment rounds.
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