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Asset/Investment Management
beltroadcap.com

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Investments

4

Portfolio Exits

1

Funds

1

About Belt Road Capital Management

Belt Road Capital Management is a private equity investment manager focused on the Greater Mekong Sub-Region. Belt Road partners with promising small and medium sized enterprises (SMEs) to support the achievement of strategic goals, facilitate sustainable growth and expand access to markets.

Belt Road Capital Management Headquarter Location

19, Street 21 Sangkat Tonle Basak

Phnom Penh, 12301,

Cambodia

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Latest Belt Road Capital Management News

Mekong-focused Belt Road Capital invests $5m in Cambodia’s Groupin

Mar 18, 2019

March 18, 2019 Greater Mekong-focused private equity firm Belt Road Capital Management (BRCM) has announced a $5 million Series A financing in Cambodia-based internet startup  Groupin – the holding company of e-commerce platform Little Fashion and digital media firm Mediaload. The startup aims to expand further as a regional internet company, taking part in the growth of the e-commerce and online media market of Southeast Asia. “We will invest in mobile technology, logistics, product vertical expansion and customer support to turn L192 [now Little Fashion] into the region’s most customer centric marketplace platform. We believe our digital media business model needs to evolve into a content aggregator app,” said Groupin CEO Vichet In in a statement. Founded in late 2010 as a Facebook retailer for fashion wear and lifestyle products through an online platform L192, Little Fashion has got 1.6 million followers on Facebook. Meanwhile, the company claims that its content platform, Khmerload in Cambodia and Myanmarload in Myanmar that covers topics from entertainment to sports has gained 8 million monthly users and 20 million social media followers. In a previous financial round, Mediaload raised $200,000 in seed funding from 500 Startups in 2017. The startup is run by its a team of co-founders, also siblings, Vichet In, Vichea In, Visal In and Mayan In. “We see huge potential in this marketplace. Bringing Mediaload together with the e-commerce platform allows for significant synergies and access to millions of potential customers in both Cambodia and Myanmar,” said Alex Odom, Chief Investment Officer of BRCM. Last month, DEALSTREETASIA published an exclusive report that BRCM is targeting up to $100 million for its second fund, double the size of its first fund. Other portfolio companies of BRCM across the Mekong region include Digital Classifieds Group, Oway, WeRocket, Unnitel, Sabay Digital and Vietnam’s Tima and LeFlair. Also Read:

Belt Road Capital Management Investments

4 Investments

Belt Road Capital Management has made 4 investments. Their latest investment was in Groupin as part of their Series A on March 3, 2019.

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Belt Road Capital Management Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/18/2019

Series A

Groupin

$5M

Yes

2

1/14/2019

Series B

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$99M

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10

10/1/2018

Series B

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$99M

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10

7/5/2018

Seed

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$99M

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10

Date

3/18/2019

1/14/2019

10/1/2018

7/5/2018

Round

Series A

Series B

Series B

Seed

Company

Groupin

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Amount

$5M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

Belt Road Capital Management Portfolio Exits

1 Portfolio Exit

Belt Road Capital Management has 1 portfolio exit. Their latest portfolio exit was Leflair on June 24, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/24/2021

Acquired

2

Date

6/24/2021

Exit

Acquired

Companies

Valuation

Acquirer

Sources

2

Belt Road Capital Management Fund History

1 Fund History

Belt Road Capital Management has 1 fund, including Belt Road Capital Management Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Belt Road Capital Management Fund II

1

Closing Date

Fund

Belt Road Capital Management Fund II

Fund Type

Status

Amount

Sources

1

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