Established in 2001, BANSEA is a leading angel investment network promoting the development of the angel investment community in Southeast Asia through educational conferences, workshops, research, networking with angel groups worldwide, contributing to improving the environment and corporate governance system for angel investing, and facilitating the matching of early stage companies with angel investors.
BANSEA was established in 2001 by a group of Singapore-based angel investors. BANSEA has network connections to angel groups in China, India, Malaysia and Thailand, as well as close links to groups in Europe and the US. Our members have investment experience spanning multiple sectors and a track record in building successful companies.
BANSEA organises 10 to 12 events per year for our members to meet and listen to short pitches by start-ups shortlisted by our screening committee.
Members may or may not invest as a group. While there could be collaboration on due diligence, members exercise autonomy in making investment decisions. Start-ups that have successfully raised seed capital through our members also benefit from their value-added mentoring. Members benefit from an informed and collaborative approach to angel investing.
Strengthen the cohesion of the local angel community.
Generate quality deal flows for our members through a rigorous screening process.
Provide a platform for entrepreneurs to articulate their investment proposal.
Provide training and mentoring for rookie business angels and fresh entrepreneurs.
Assist our members in deal syndication and limited due diligence.
BANSEA is guided by a Board of Directors and operationally managed by an executive team led by the Executive Director. Members of the Board are elected by members at the Annual General Meeting and serve a one-year term.
Vice Chairman, Action Community for Entrepreneurship (ACE)
Board Member, Sports Excellence Singapore
Board Member, Applied Innovation Institute
Managing Partner, Quest Ventures
James Tan is Managing Partner at Quest Ventures, a leading venture fund for technology companies that have scalability and replicability in large internet communities. Prior to this, James was co-founder and COO of 55tuan, a NASDAQ listed e-commerce group that grew to more than 200 cities and 5,000 employees across China.
As the first Singaporean and one of the rarefied few foreigners to found a public listed internet company in China, and for his investments in the next generation of entrepreneurs, James was recognised as an outstanding overseas Chinese by the Overseas Chinese Affairs Office of the State Council of China.
James currently serves as advisor, board member or trustee on public and private organisations such as Action Community for Entrepreneurship, Applied Innovation Institute, Business Angel Network of Southeast Asia, Beijing CYL Joint Committee on Entrepreneurship Development, Beijing Software Industry Association, National Research Foundation CGAP Fund, and Sports Excellence Business.
James has been guest speaker at China-focused and entrepreneurship events such as ITB Berlin, Private Equity Insights, Stanford-PARC Digital Cities, SWITCH, Tech in Asia, and World Islamic Economic Forum. He is an advisor or mentor at Chinaccelerator, Founder Institute, IBM SmartCamp, Startupbootcamp, and PSA unboXed. He has guest lectured at Fudan, HKUST, IE, NUS, Tsinghua, and UC Berkeley.
James is a graduate of the University of South Australia, and received scholarships from both Beijing and Singapore governments for his MBA from Tsinghua University in partnership with MIT. He studied and dropped out of computer science at NUS during the first dot-com era to work on two-sided markets.
For leisure, James enjoys photography and has been featured in ComputerWorld, Readers’ Digest, and commercially represented by Liaison Agency. He backpacks Asia and volunteers in marine conservation as a PADI scuba-diving and DAN dive-safety instructor.
Chairman of Investment Committee, BANSEA ONE Fund
Partner, Invention Capital
Managing Partner, 3001 Capital
CTO, Crowd Ventures
Investor-Mentor, SiTF (iJAM & ACE Grant)
Advisory Board Member, [email protected], Nanyang Technology University
Adjunct Lecturer, Nanyang Technology University
Specialist Adult Educator, Institute of Adult Learning
Dr. Rex Yeap is a Partner of Invention Capital directing efforts towards the creation, commercialization of novel inventions, investing and incubating early stage companies. In addition, he is a Vice Chairman of Business Angel Network (BANSEA) and he is also the co-founder of an angel investment fund (BANSEA Fund One) and served as the Chair in its Investment Committee Board for this fund. Dr. Yeap is also an investor-mentor in SiTF for its iJAM and ACE Grant programme. Over the past decades, Dr. Yeap angel investment portfolio includes early stage technology companies mostly in the Information Technology space.
Dr. Yeap is also part of the Adjunct Teaching Faculty at Nanyang Technological University in the Master of Science in Technopreneurship & Innovation programme and has extensive lectureship and facilitation experiences for both Masters and Bachelor degrees (1998 – present) in the area of computing and business management. Since 2006, he is a SCOPE-IP consultant with Intellectual Property Office of Singapore. Dr. Yeap is a Certified Patent Valuation Analyst with a Master of Science (Distinction) from University of Leeds and his post-doctoral research involved the invention of a few patented hedge fund systems.
Dr. Yeap has over 25 years of experience across the Infocomm technology value chain that spans industry, government and academia. He started his career in the area of interactive digital media (specifically, computer game design and development) back in the late 80s. He was subsequently blessed to be among the pioneering (1997) patent mapping and analysis alumnus of Kent Ridge Digital Labs (National Science and Technology Board, now A*STAR). Since then, he has been continuously involved in numerous patent mapping, analysis and strategy related ventures. He has worked with a range of international clients in their IP road-mapping and commercialization strategy through the use of proprietary and open innovation and patent analytics methodologies. Dr. Yeap was the co-founder of 3i Analytics and together with his team, they produced over 2000 original qualitative-quantitative technology IP reports and he also directed efforts to secure, design, develop and commercialise the next generation award-winning SurfIP portal.
Dr. Yeap list of patents & publications is available in this website, http://ye.sg/patents and his email contact is bansea(at)ye.sg.
Chairman, Action Community for Entrepreneurship (ACE)
Co-Founder, Sugar Ventures
Venture Partner, Garage Technology Ventures
Chairman of Finance & Investment Com, Singapore Red Cross
Vice Chairman, Singapore National Paralympic Council
Finance & Investment Com, Foundation of Rotary Clubs
Board Member, Singapore National Disability Sports Council
Dr Mark Hon is an accredited private investor with experience in leading early stage company to IPO. He is co-founder of Sugar venture builder and venture partner at Garage Technology Ventures. He is also the Chairman of the Business Angel Network South East Asia (BANSEA), Chairman of the Action Community for Entrepreneurship (ACE), and panelist on public sector funds that support entrepreneurship.
A former professor of finance, he was also visiting professor to universities in Oxford, United Kingdom and Deggendorf, Germany. In the private sector, he has formulated R&D commercialisation strategies for MNCs in the defense industry, consumer electronics procurement road maps and mobile application strategies in the telecommunications industry, and acquisition strategies in the energy sector. He has served as c-level officer at a publicly traded company, and economic index expert to a Swiss bank.
Mark serves on the boards and committees of various voluntary welfare organisations such as the Singapore Disability Sports Council, Singapore National Paralympic Council and the Foundation of Rotary Clubs. He is Vice Chairman and Chairman of Finance and Investment Committee of Singapore Red Cross. He is also member of the board of trustees of the Rotary Wish and the Cotton On Foundation Youth funds.
Mark was a member of the American Finance Association and faculty associate of the American Institute of Certified Public Accountants. He was recently featured in Who’s Who in the World and Who’s Who in America.
Member of Investment Committee, BANSEA ONE Fund
Founder & Former CEO, ArchMed
Community Mentor, A*START Central
Balaji R Chakaravarthi is Managing Director, Asia Pacific with Abiomed Inc. He has more than 25 years’ leadership experience in Health care/ Med Tech Market.
Balaji was previously Asia Pacific Head of Cardiac Surgery Business for Edwards Lifesciences and a member of the Global Senior Leadership Team.
Balaji completed the Advanced Management Program with INSEAD, and has a PG Diploma in Marketing and a BS in Physics.
Co-founder, Tenshi Peak Ventures
Uday Deshpande has over 30 years of experience and has held senior management global and regional roles in diverse industries such as Oil & Gas, FMCG/ Distribution, Branded Retail/ Fashion.
His experience encompass MNCs as well as Entrepreneurial, Family-owned businesses and Private Equity/ Venture Capital. His current angel investment portfolio among others includes Education, Internet of Things (IoT), Advanced Materials, Gaming and Indoor fitness Technology and Social Network.
He brings invaluable insight to startups & nurturing businesses in various stages of ‘business life cycle’. He has worked & lived in multiple geographies/ markets (both in structured & unstructured environment) and has built and led teams in Asia Pacific (Japan, Taiwan, Hong Kong, Singapore), Middle East (Saudi, UAE, Oman), Europe (Netherlands) & was a prominent team member that negotiated & established a large Joint Venture in Nanjing with Nanjing Provincial government in China.
He is active in the venture capital industry and is an early stage investor & mentor. He has mentored diverse businesses and its teams, at various stages of startups. He is passionate in coaching, ‘hand-holding’ & supporting the management team of the companies. He has conducted workshops & coaching for startups & is keen in investing in frontier markets. He is a Singaporean based in Singapore with his family.
Anoop Dwivedi is currently responsible for business development for a privately held software company in Asia.
Prior to this Anoop has worked for around 15 years with Hewlett Packard in various leadership roles from Consulting, Product Management, Business Development and Sales. During this period, he advised large multinational clients in solving their data management challenges and analytics. While working with HP, Anoop actively hired, mentored and lead a specialist sales team for selling HP’s products and services for Information Management and
Anoop holds an executive MBA from State University of New York, and a Masters in Physics from Jiwaji University, Gwalior, India. He is passionate about advanced analytics, machine learning, and artificial intelligence.
Director, Drew & Napier
Petrus Huang is Director of Corporate & Finance Department in Drew & Napier LLC. He has more than 20 years of practice.
His practice covers a broad range including setting up of funds and fund managers, fund-raising for companies and start-ups, trade sales and other exits of companies and funds.
Ramesh V. Raghavan is an investor, mentor & advisor and board member in several start-ups. Ramesh’s angel investments have been in number of sectors such as gaming, education, Internet of Things, accelerators, fin-tech businesses where he has led and syndicated investments.
Ramesh has been a Board Member of the Business Angels Network of South East Asia (BANSEA) since 2014 and is also on the Board of BANSEA Fund I, an early stage investment vehicle. He had earlier also co-founded Tenshi Peak Ventures, a Singapore-based early stage investor vehicle. He has been also a speaker in several angel investment conferences in Asia. Since 2012 he has been actively involved in the venture capital, entrepreneurship & innovation space across South East Asia, India & Hong Kong and is currently focusing on entrepreneurial initiatives in the fin-tech and education space.
Ramesh has significant financial services industry experience having been in the investment banking and securities business in Asia Pacific leading global teams & advising institutions on various equity, equity linked and multi-asset investment strategies for more than 15 years. Ramesh has held several senior leadership roles with Morgan Stanley for nearly 12 years and later with The Royal Bank of Scotland. His financial services career has taken him from New York to Hong Kong and then to Singapore during which time he structured, built and led the Global hedge funds Sales and Institutional flow derivatives business for Asia Pacific Equities. His financial markets advisory expertise spans both traditional money managers and hedge fund managers across several asset classes.
Prior to his entry to financial services in 1997 he worked in the FMCG sector with Multinational Corporations such as PepsiCo International and Britannia Industries in India, developing significant businesses across branded and non-branded food and drinks businesses.
Ramesh holds an MBA from London Business School, a Masters in International Business from the Indian Institute of Foreign Trade, New Delhi, a Bachelor’s Degree in Mechanical Engineering as well as a Financial Times Non-Executive Directors Diploma Certification from Pearson.
Member of the Board, Niesm
Member of the Board, Synphne
Member of the Board, Medidaili
Sanjay Saini is a seasoned executive with more than 23+ years of global experience having worked in North America and Asia Pacific. He has worked in product companies like Oracle and SAS as well as service companies to provide wide ranging solutions to industries.
He is passionate about startups and actively involved in Asian startup ecosystem. He is part of active angel network in Singapore as well as advises startups in Fintech, Healthcare, Education as well as Logistic technology sectors. He has invested in Medtech, Education, IT Services startups in Singapore, Australia and India.
Founder, The Propell Group
Executive, various healthcare conglomerates
Julien de Salaberry is the founder of The Propell Group, a boutique venture investor and advisory firm, based in Singapore, focused on HealthTech and has over 15 years of experience in healthcare with leading brands including Eli Lilly, Boston Scientific, Baxter, GSK, Merck&Co.
He is an advisor to startups and incubators in healthcare and technology in emerging high growth markets as well as being a private investor in early stage and promising SMEs.
Julien has extensive networks that introduce and identify ventures that are often unique. He has significant Asia Pacific experience.
Julien has recently co-written and published iDisrupted, which focuses on creating an understanding of the significant technological changes that, are just beginning to re-shape our daily lives. He is also a regular speaker on the topics of healthcare disruption and innovation.
Hitesh Timbadia has significant experience in the logistics services and supply chain arena, having successfully built his own business both as service provider and consultant in this field. His 27 years practice is based on pillars of trust and professionalism.
Before delving into logistics, he worked at IBM as a Marketing Specialist, with SMEs and Banking clientele. This allowed him to find a niche business connecting businesses with financial institutions and MNCs in area of financial consultancy and logistics planning.
Hitesh graduated as a B.Sc (Computer Science) from the National University of Singapore in 1990. His passion includes mentoring and guiding startups at various stages.
Member of Investment Committee, BANSEA ONE Fund
Managing Director, Evolution Capital
Sam is the Managing Director of Evolution Capital, a boutique advisory and investment firm specializing in helping corporates and investors find, evaluate and execute on opportunities in the Asian and US markets.
Previously Sam was with Microsoft’s Business Development Group overseeing Bing, Office365, MSN, Skype and Ads across Asia-Pacific. Sam also oversaw Microsoft’s strategic alliances with Yahoo! and Nokia across Asia and sat on the Board of Directors of the Microsoft Online Networks joint venture in China. He previously held senior corporate strategic planning and acquisition roles within the company’s online services businesses. Prior to joining Microsoft, Sam held operational leadership roles with AT&T Wireless and Amazon, where he spearheaded the launch of several new products and services. He began his career with Price Waterhouse and Lehman Brothers.
Sam has extensive networks in Asia and the US, having lived in Singapore, Bangkok, Hong Kong, Beijing, Seattle, New York and Chicago. He is an active angel investor focusing on technology, media and telecommunications companies seeking to expand regionally and internationally and is also an advisor/mentor to several regional venture capital firms and accelerators.
Sam holds a Bachelors of Science from the University of Illinois and a Masters of Business Administration from The University of Chicago Booth School of Business. He is also a qualified CPA. Sam speaks English, Spanish, Cantonese, Mandarin and Thai.
Michelle Kung is Executive Director of BANSEA. She is in charge of administrative operations and strategic partnerships at BANSEA.
Prior to BANSEA, she worked for a clean-tech company to drive strategic engagements with government agencies and international market development. She was the researcher and the writer of the book entitled “Built by Singapore- from Slums to a Sustainable Built Environment” under the Centre for Liveable Cities (CLC) of the Ministry of National Development. She was also affiliated with the United Nations University – Institute of Advanced Studies (UNU-IAS, United Nations’ think tank) as a Ph.D. Fellow for the“Urban Low-Carbon Development with the Co-Benefits Approach” project.
Michelle received her MA from National Taiwan University and PhD from University of Delaware, USA.