Where is Bansea's headquarters located?

Bansea's headquarters is located in Singapore (Singapore).

How many companies has Bansea invested in?

Bansea has invested in 53 companies, including Carousell & Gozem.

Which companies has Bansea invested in lately?

KalPay & Blitz Electric Mobility are the latest investments by Bansea.

What sectors does Bansea focus on for investments?

Top sectors in Bansea's portfolio are Enterprise Applications (21 investments) and Consumer (23 investments).

How many exits has Bansea been involved in?

Bansea's portfolio has seen 3 IPOs and 5 acquisitions.

How many unicorns are there in Bansea's portfolio?

There are 2 unicorns in Bansea's portfolio.

Bansea - 2026 Investor Profile, Portfolio & Investment Trends

Bansea, established in 2001, is an angel investment group based in Singapore, Singapore. It primarily focuses on Seed investments in companies in Singapore. Its portfolio includes 53 firms, spanning the Enterprise Applications, Consumer sectors. Its most notable investments include companies like Carousell, Gozem and Carro. As of Oct 2026, Bansea has 2 unicorns under its belt and has witnessed 8 portfolio exits. Its latest investment was a Undisclosed Seed round in KalPay on May 13, 2024, which also saw participation from Sabr Capital and Yaser Alghamdi.

To date, 35 investors have co-invested in Bansea's portfolio companies, including prominent names like SOSV.

Key Metrics

Founded Year

2001

Location

Singapore, Singapore

Portfolio Companies

Carousell, Gozem & 51 more

Sectors of Investment

Enterprise Applications, Consumer & 22 more

Stages of Investment

Seed & Series C

Locations of Investment

Singapore, United States & 10 more

Unicorn in Portfolio

Carousell & Carro

View Bansea's full profile

Bansea has a portfolio of 53 companies, including 2 unicorns. Their most notable investments are in Gozem and PriyoShop Retail.Their portfolio spans across Singapore, United States, China and 9 more locations. They have invested in Enterprise Applications, Consumer, Retail and 21 other sectors, across stages such as Seed, Series C stages. Here is the list of top investments by Bansea:

1. Carousell

Online marketplace platform offering multi-category second-hand products. The product catalog includes fashion, stationery, gadgets, home appliances, furniture, food supplies, pet supplies, sports equipment, and more. It also provides job, home services, lifestyle services, and more. The application is available on both iOS and Android platforms.

Key facts about Carousell

Founded Year: 2012
Location: Singapore (Singapore)
Annual Revenue: $100M - $500M as on Dec 31, 2023
Valuation: $*****
Stage: Series E
Total Funding till date: $376M
Employee Count: 1,227 as on Sep 30, 2026
Investors: Rakuten, Olx Group and 20 Others
Latest Funding Round: Series E, Sep 04, 2023, $*****
Highlight: Editors' Pick

2. Gozem

Operator of digital platforms for transportation delivery and financial services. These platforms facilitate passenger transit via motorcycles, tricycles, and automobiles. The systems manage logistics for food, grocery, and parcel deliveries. Additionally, the infrastructure supports digital payments, money transfers, and mobile credit top-ups. Users access these functions through a centralized mobile application interface. The technology integrates vehicle tracking and accident support features for service providers. Businesses utilize these tools for fleet management, advertising, and online sales processing.

Key facts about Gozem

Founded Year: 2018
Location: Lome (Togo)
Stage: Series B
Total Funding till date: $48.5M
Employee Count: 648 as on Aug 31, 2026
Investors: IFC, Virtual Network and 21 Others
Latest Funding Round: Series B, Feb 26, 2025, $*****
Highlight: Editors' Pick

3. Carro

Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership. It is online platform that offers a full-stack service for car ownership, enabling users to buy, sell, and own vehicles in a trustworthy and transparent manner.

Key facts about Carro

Founded Year: 2015
Location: Singapore (Singapore)
Annual Revenue: SGD 1B+ as on Mar 31, 2023
Valuation: $*****
Stage: Series C
Total Funding till date: $686M
Employee Count: 1,381 as on Sep 30, 2026
Investors: SoftBank Group, Temasek and 41 Others
Latest Funding Round: Series C, Sep 17, 2025, $*****
Highlight: Editors' Pick

4. Rani Therapeutics

Developer of technology for the oral delivery of large drug molecules. The company has a proprietary platform is capable of delivering a wide range of biologics for the treatment of various chronic diseases. The company develops RaniPill capsule has broad applications for the treatment of acromegaly, rheumatoid arthritis, psoriatic arthritis, growth hormone deficiency, osteoporosis, Crohn’s disease, hemophilia, diabetes, among other diseases.

Key facts about Rani Therapeutics

Founded Year: 2012
Location: San Jose (United States)
Annual Revenue: $1M - $10M as on Dec 31, 2025
Stage: Public
Total Funding till date: $226M
Employee Count: 102 as on Sep 30, 2026
Investors: Alpha Square Group, Nan Fung Life Sciences and 18 Others
Latest Funding Round: Post IPO, Oct 23, 2025, $*****
Highlight: Public

5. Ozonetel

Provider of cloud-based communication and customer experience management solutions. The company delivers call center, business phone, and cloud telephony systems. It offers solutions such as auto dialers, IVR, and AI-powered tools. The company provides integrations for CRM and helpdesk platforms.

Key facts about Ozonetel

Founded Year: 2007
Location: San Jose (United States)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2026
Stage: Series A
Total Funding till date: $5.04M
Employee Count: 378 as on Sep 30, 2026
Investors: Alchemist Accelerator, Stakeboat Capital and 5 Others
Latest Funding Round: Grant (prize money), 2022, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Bansea has invested in 53 companies over the last 16 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in KalPay.

Here are Bansea's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	2	0	2
2023	1	0	1
2022	1	0	1
2021	0	0	0
2020	2	0	2
2019	0	0	0
2018	1	0	1

View all investments by Bansea

Bansea has made 7 investments in Seed stage with an average round size of $3.12M and 1 investment in Series C stage with an average round size of $9.9M.

Here are Bansea's investments by stage:

Stage of entry	No. of Investments
Seed	7
Series C	1

Note: We have considered here, only first round of investments

View all investments by Bansea

Bansea has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Auto Tech and Gig Economy. Notably, it has invested in 50 Tech companies, 32 Enterprise (B2B) companies, 29 Consumer (B2C) companies and at least 28 companies focusing on Software.

Here are Bansea's investments by sector:

Sector	No. of Investments
Consumer	4
Enterprise Applications	3
Retail	3
Auto Tech	2
Gig Economy	2
Others	10

Note: We have considered here, only first round of investments

View all investments by Bansea

Bansea has made most investments in Singapore (3), followed by Bangladesh where it has made 1 investment.

Here are Bansea's investments by geography:

Country	No. of Investments
Singapore	3
Bangladesh	1
India	1
Indonesia	1
Malaysia	1
Others	2

Note: We have considered here, only first round of investments

View all investments by Bansea

Bansea has not made any investment in 2026 so far.

Here are the most recent investments by Bansea:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
May 13, 2024	KalPay	Pakistan	Seed	6038	Sabr Capital [+3]
Mar 19, 2024	Blitz Electric Mobility	Singapore	Seed	1774	Eminent Investments [+6]
Apr 28, 2023	BetterPlace	India	Series C	3427	SOSV [+12]
Jan 18, 2022	myrobin.id	Indonesia	Seed	9377	Accion [+8]
Nov 06, 2020	PriyoShop Retail	Bangladesh	Seed	6488	Shoko Suzuki [+2]

See more recent investments made by Bansea

Bansea has 2 unicorns in its portfolio - Carousell and Carro. The most recent unicorn in their portfolio is Carousell. It became a unicorn in 2021, 5 years before Bansea first invested in it.

Here is a list of unicorns in Bansea's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
84	Carousell	Online marketplace platform offering multi-category second-hand products	2012	Retail [+1]	Singapore	Series E	nelf{ir
74	Carro	Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership	2015	Consumer [+4]	Singapore	Series C	hpakouu

View more details about unicorns in Bansea's portfolio

3 of Bansea's portfolio companies have become public. Rani Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2021 at marketcap of $528M and Caribou Biosciences got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $907M.

Here are Bansea's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Rani Therapeutics	Jul 30, 2021	-	-	7530
Caribou Biosciences	Jul 23, 2021	-	-	8293
55tuan	Apr 08, 2015	-	-	3430

View more details about public companies in Bansea's portfolio

5 companies from Bansea's portfolio have been acquired. The most recent acquisition was Affable in Oct 2023 by Bazaarvoice for $*****.

Here are Bansea's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Affable	Oct 12, 2023	Jun 14, 2018	Seed	1128
myrobin.id	Feb 06, 2023	Jan 18, 2022	Seed	9114
Sprooki	Apr 27, 2017	-	-	1254
Solair	May 03, 2016	-	-	3303
Folr	Aug 28, 2015	-	-	1569

View all acquired companies in Bansea's portfolio

Over the past 16 years, 81 investors have co-invested in Bansea's portfolio companies. This includes funds and angels.

Invested before Bansea: Accelerating Asia, Sonia Bashir Kabir and 17 others have invested in rounds before Bansea. There is 1 company where Accelerating Asia has invested before Bansea and 1 company where Sonia Bashir Kabir has invested before Bansea.
Top Co-investors of Bansea: 35 investors entered a company along with Bansea. These include investors like SOSV (2 companies).
Invested after Bansea: A total of 27 investors have invested in Bansea's portfolio after their investments. Top Investors include Thunes (1 company) and Innoport (1 company).