VC Partners

Dana Penjana Nasional Award Recipients
Company profile: RHL Ventures & KB Investment

Fund Manager
RHL Ventures Sdn. Bhd.
KB Investment Co. Ltd.
Fund Name
Hibiscus Fund LP
Funding Stage
Series A/B


  • Hibiscus Fund LP is a Series A/B fund focused on investing in high-growth startups in the Southeast Asia region with the ultimate aim of providing tangible benefits to the Malaysian economy. RHL Ventures and KB Investments Co. are the fund managers of the fund and are looking to leverage on their many years of experience investing in the region to ensure the success of the fund.

Fund Strategy:

  • The fund is sector agnostic but will have a stronger focus on 5 verticals namely fintech, logistics, healthcare, new retail and education. Furthermore, RHL Ventures and KB Investments will look to tap into their solid network of corporates and family run businesses within Southeast Asia and Korea region to provide strategic value add to potential and existing portfolio companies.