Monk’s Hill Ventures launches Scouts programme to support seed-stage startups in Southeast Asia
Monk’s Hill Ventures (MHV), a venture capital firm investing in early-stage tech startups in Southeast Asia, today announced the launch of the MHV Scouts programme.
The programme comprises over 20 Venture Scouts who will nurture and invest in high-growth pre-seed and seed startups across Indonesia, Vietnam, Singapore, Thailand, Philippines, and Malaysia.
The MHV Venture Scouts community brings together exceptional founders, entrepreneurs, and operators with strong track records. They also represent a diverse range of backgrounds and experiences. MHV Scouts include Achmad Zaky, Cofounder of Bukalapak, Araya Noon Hutasuwan, Cofounder of Snapcart, Royston Tay, Cofounder of Zopim, Gita Sjahrir, Founder of R Fitness, Turochas Fuad, Founder of Pace Enterprise, Sreejita Deb, Cofounder of RAENA, and Cleosent Randing, Founder of PasarPolis.
“The Southeast Asia tech ecosystem continues to evolve rapidly with brave founders emerging to reimagine traditional business models. At MHV, we believe in entrepreneurs backing entrepreneurs. Through this program, we empower founders to support fellow founders from day one,” says Peng T Ong, Co-Founder and Managing Partner of Monk’s Hill Ventures.
Venture Scouts are directly responsible for sourcing, vetting, and investing in startups. Venture Scouts also invest across verticals and markets. To date, Venture Scouts have made ten investments in verticals including consumer, B2B, fintech, and sustainability. This includes Crystal Widjaja, Chief Product Officer of Kumu, who recently invested in ADPList, a global mentoring platform, and John Tan, Founder of Doyobi, who invested in Rocket Academy, an online coding boot camp.