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Monday, April 29, 2024

Journey Capital Partners launches debut fund to invest in Indonesia, Singapore, Thailand

Journey Capital Partners (JCP) has launched its debut venture capital fund to invest in early-stage tech startups in Indonesia, Singapore, and Thailand.

The newly established firm was founded earlier this year and led by Weng Kin Choo as managing partner of investments.

Choo was previously a VP at Provident Growth, an investment firm that backs numerous Southeast Asia prominent tech companies including GoTo, Traveloka, and Pomelo.

Other key members of the firm are managing partner of strategy and operations Lloyd Lin and managing partner of investments and technology Ashok Palaniappan.

JCP is backed by a number of local conglomerates, family offices, and tech companies in the region including Yggdrazil Group Plc, a Bangkok-listed company focusing on visual effects, animation, and gaming. With its strong…

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