Intres Capital Partners

What Intres Capital Partners does

Intres Capital Partners is a Kuala Lumpur-based venture capital firm established in 2015 as a partnership between Malaysia Venture Capital Management Berhad (MAVCAP, a Ministry of Finance Inc. entity), QuestMark Capital Management, and Teak Capital. The firm operates as the management platform for the Axiata Digital Innovation Fund (ADIF), a technology venture fund formed by Axiata Berhad in collaboration with MAVCAP and Johor Corporation, with a starting size of RM80 million and per-company ticket sizes of up to RM10 million. Its investment thesis targets young, innovative, high-growth technology companies from Series A onwards, with a stated focus on e-commerce, location-based services, big data analytics, IoT, cloud services, and fintech across Southeast Asia, leveraging Axiata's telco footprint for regional rollout.

The firm earns revenue primarily through fund management fees on ADIF's committed capital, with potential carried interest tied to portfolio exits; investment terms are negotiated bilaterally with portfolio companies and are not publicly disclosed. Its disclosed portfolio of approximately 18 companies spans consumer and enterprise technology, including Aerodyne (drone technology), Katsana (telematics), MySoftinn (cloud reservations), EasyParcel (logistics), KFit (fitness), Supahands (gig economy), MaidEasy, EasyUni, and Signature Market. Governance is anchored by three senior partners who also lead the constituent firms (MAVCAP, QuestMark, Teak Capital), with a small investment team and an office manager.

The firm's competitive positioning rests on institutional and government backing (Axiata, MAVCAP, Johor Corporation), partner-level influence in the Malaysian venture capital community (MVCA chairmanships, Malaysian Venture Capital Development Council membership), and the optionality of regional distribution through Axiata's 320+ million mobile subscribers. As a small, single-fund manager with no public financial disclosures, the firm is best understood as a niche, Malaysia-centric early-stage technology investor with a strategic telco partnership, rather than a scaled regional platform.

Name

Intres Capital Partners

Legal name

Intres Capital Partners

Website

https://intrescapital.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Intres Capital Partners is a Kuala Lumpur-based venture capital firm formed in 2015 by MAVCAP, QuestMark Capital Management, and Teak Capital to manage the Axiata Digital Innovation Fund (RM80M) and back Series A technology companies across Southeast Asia.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Financial Services / Fintech Growth Equity (FSANACAE)

Keywords

• Venture capital funding
• Early-stage technology investments
• Series A equity capital
• Digital innovation fund
• Southeast Asia startups

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Core offering

Intres Capital Partners is a Malaysian venture capital firm that manages the Axiata Digital Innovation Fund (ADIF), a technology venture fund formed by Axiata Berhad in collaboration with MAVCAP and Johor Corporation. The firm invests up to RM10 million per company in young, innovative, high-growth technology startups from Series A onwards across sectors including e-commerce, location-based services, big data analytics, IoT, cloud services, and Fintech. The fund started at RM80 million with aspirations to grow larger.

Product overview

Intres Capital Partners operates as a Malaysian-based Venture Capital firm focused on early to growth-stage technology investments. The primary offering is the Axiata Digital Innovation Fund (ADIF), a technology venture fund formed through a partnership of MAVCAP, QuestMark Capital Management, and Teak Capital Sdn Bhd. ADIF targets innovative high-growth companies with investments up to RM10 million per company, focusing on sectors including ecommerce, location-based services, big data analytics, IoT, cloud services, and Fintech. The firm manages a diverse portfolio of portfolio companies spanning e-commerce, logistics, travel, fintech, and digital services across Southeast Asian markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Axiata Digital Innovation Fund (ADIF) A technology venture fund that invests up to RM10 million per company in young, innovative, high-growth technology companies from early stage (Series A) onwards. Targets sectors including e-commerce, location-based services, big data analytics, IoT, cloud services, and Fintech. Provides portfolio companies with capital, strategic guidance, regional telco network access, and board representation.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Wavemaker Partners: SEA-focused early-to-growth tech VC with US$400M+ raised AUM, investing across Singapore, Malaysia, Indonesia, Philippines and Vietnam. Comparable in sector focus (consumer, fintech, SaaS) and Series A cheque size.
• MAVCAP (Malaysia Venture Capital Management Berhad): Malaysian government-linked VC firm (wholly owned by Ministry of Finance Inc.) and a co-founding partner of Intres Capital Partners; both invest in Malaysian early-to-growth tech and share a partner in common (Jamaludin Bujang). Directly comparable in geography, sector focus and partnership-oriented model.
• Cradle Fund: Malaysian early-stage tech investor (Cradle Fund / Cradle Seed Ventures) focused on Malaysian startups; directly comparable to Intres in geography, thesis (early-stage ICT/tech) and RM-sized cheque discipline.
• QuestMark Capital Management: Kuala Lumpur-based VC firm operating in Hong Kong and Malaysia; co-founding partner of Intres and shares a founding partner (Amin Shafie Salleh). Directly comparable as a Malaysian early-to-growth tech investor with similar deal-size band.
• Gobi Partners: Pan-Asian early-to-growth VC with deep Southeast Asia presence, including co-investments in Intres portfolio companies (e.g., EasyParcel). Directly comparable in geography, sector (fintech, IoT, digital services) and stage focus.
• Golden Gate Ventures: Singapore-headquartered VC focused on early-stage tech startups across Southeast Asia. Directly comparable in SEA tech focus (fintech, e-commerce, SaaS) and Series A investing model.
• Openspace Ventures: Singapore-based VC investing in early-to-growth tech companies across Southeast Asia, including Indonesia and Vietnam. Comparable in stage, sector focus and SEA regional breadth.
• East Ventures: Indonesia/Singapore-headquartered seed-to-Series A VC with deep SEA presence, focused on tech including fintech, ecommerce and SaaS. Directly comparable in stage, sector and regional mandate.
• KK Fund: Early-stage tech VC across Southeast Asia, writing seed-to-Series A cheques. Directly comparable to Intres in stage and SEA-tech focus, including Malaysian portfolio exposure.
• Monk's Hill Ventures: Singapore-based early-stage tech VC backing Southeast Asian founders across fintech, consumer and enterprise software. Comparable in stage, sector and SEA regional mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/intrescapital
• LinkedInlinkedin.com/company/axiata-digital-innovation-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Intres Capital Partners