JG Digital Equity Ventures
- 16/01/2023
- Series A
- $11,000,000
Founded in 2019, JG Digital Equity Ventures Inc. or JGDEV, is the corporate venture capital arm of JG Summit Holdings, Inc., one of the Philippines' biggest conglomerates with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, real estate, property development and telecommunications. JGDEV looks for sustainable and scalable business models that can create value to the core businesses of the Gokongwei Group ecosystem with special focus on ecommerce, fintech and supply chain & logistics. JGDEV typically invests in tech startups in their early to growth stages targeting the Southeast Asian market, and more importantly, led by founders who have the right entrepreneurial mindset, are passionate, great at problem-solving, excellent in execution and have high integrity.
- Industry Venture Capital and Private Equity Principals
- Website https://www.jgdev.ph/
- LinkedIn https://www.linkedin.com/company/jgdev/
Related People
Jojo MalolosInvestor
Currently Chairman and Co-Founder of GoTyme Bank, one of digital banks setup and operating in the Philppines and in ASEAN. Concurrently CEO of JG Digital Equity Ventures, a leading and active Corporate VC in the Philippines and main venture capital company of the Gokongwei Group.
He is an experienced chief executive, board director, founder and subject matter expert in FINTECHs, Digital banking, Digital technology, Venture Capital and Private equity companies in harnessing large ecosystem plays that bring real impact value to emerging markets and economies.
Recognized in the Philippines and in ASEAN as one of the trailblazing leaders and influential drivers of change and innovation in FINTECH, in startup communities, digital innovation, financial inclusion. Part of global organizations pursuing inclusive growth in fintech and digital innovations -- Women's World Banking, Inclusive Fintech 50, UN Capital Development Fund (UNCDF).
He is an Angel Investor in several high impact startups in ASEAN that creates and sustains disruption in industries to solve problems and harness inclusive operational landscapes in markets and provide positive impact on the lives of people.
Passionate with looking for and working with young and entrepreneurial leaders, founders and venture builders pursuing inclusive growth objectives.
Chief executive of progressive financial institutions (Smart Money/Paymaya, Cignifi, Wing Bank of Cambodia, GoTyme) spanning operations and ecosystems in Latin America (Brazil, Mexico, Peru, Argentina, Colombia), in Africa (Kenya, Ghana, Rwanda, Uganda) and SouthEast Asia.
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