# Air Asia

> Air Asia is a VC fund in Melaka backing Sports and Battery. See 11 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Melaka, Malaysia
- Total investments: 11
- Last investment: Jul 2023
- Lead investor: 36%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company-beta/48248
- X (Twitter): http://twitter.com/AirAsia
- Website: http://airasia.com
- Facebook: http://www.facebook.com/AirAsia

Air Asia is a VC fund in Melaka focused on Sports and Battery. Asia's leading airline was established with the dream of making flying possible for everyone. Since 2001, AirAsia has swiftly broken travel norms around the globe and has risen to become the world's best. With a route network that spans through to over 20 countries, AirAsia continues to pave the way for low-cost aviation through ourinnovative solutions, efficient processes and a passionate approach to business. Together with our associate companies, AirAsia X, Thai AirAsia, Indonesia AirAsia, Philippines' AirAsia Inc and AirAsia Japan , AirAsia is set to take low-cost flying to an all new high with our belief, "Now Everyone Can Fly".

## Contacts

5 contacts available for Air Asia. Shizune tracks 15 team members at Air Asia. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/air-asia?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$9.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Sports | 2 | 18% |
| Battery | 2 | 18% |
| Software | 2 | 18% |
| E-Commerce | 2 | 18% |
| Manufacturing | 2 | 18% |

26 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 55% |
| Corporate Round | 2 | 18% |
| Series A | 1 | 9% |
| Convertible Note | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 7 | 64% |
| Singapore | 1 | 9% |
| United Kingdom | 1 | 9% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Clarence Lee | Mobile Product Manager | 0 | https://shizune.co/investors/profile/clarence-lee |
| Colin Currie | Chief Commercial Officer | 0 | https://shizune.co/investors/profile/colin-currie-90db |
| Ilyas Ishak | Mobile Manager | 0 | https://shizune.co/investors/profile/ilyas-ishak |
| Jae Cheah | Solution Delivery Manager | 0 | https://shizune.co/investors/profile/jae-cheah |
| Robin Low | Head of Product Management | 0 | https://shizune.co/investors/profile/robin-low |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Heynext | Heynext is a game development organization that integrates mobile gaming firms into a close-knit, collaborative environment. It creates an immersive virtual world that fosters critical thinking and has a good impact on gamers. It provides traditional, casual, and educational games. | $30M | Corporate Round | Jul 20, 2023 |  |
| COOP Marketing | Coop Network Asia Pacific will aggressively expand its worldwide business by increasing contact points with users across Asia and encouraging partnerships with significant companies through the utilization of the infrastructure controlled by the AirAsia Super App. |  | Corporate Round | Jul 14, 2023 |  |
| Entuple E-Mobility | Entuple E-Mobility focuses on the design, development, testing, and system validations for electric motors. | $3M | Seed | Jan 12, 2023 |  |
| oorja.energy | oorja. energy aims to empower automotive companies to design better batteries. Through a ‘first of its kind, cutting-edge technology that combines the best of Machine Learning and Physics, oorja enables automotive OEMs to make informed decisions to optimize battery packs by reducing time to market and costs. Our founders have a proven track recordof building world-class products from India. They are technologists whose first and only allegiance is solving for customer results. |  | Seed | Aug 09, 2022 |  |
| Credit Fair | Credit Fair operates as a consumer lending fintech startup that aims to build a credit ladder for 550 million underserved Indians. It offers lending solutions to both businesses and private individuals. | $10.1M | Seed | Aug 03, 2022 |  |
| Credit Fair | Credit Fair operates as a consumer lending fintech startup that aims to build a credit ladder for 550 million underserved Indians. It offers lending solutions to both businesses and private individuals. | $10.1M | Seed | Aug 03, 2022 |  |
| SportVot | A sports tech company that empowers sports digitization at the grassroots level. With premium & hassle-free cloud studio for LIVE sports broadcasting and a multi-sports OTT platform for talent discovery, SportVot is the go to solution for all things sports! |  | Seed | Jul 27, 2022 |  |
| Jiraaf | Jiraaf helps individual investors to earn returns by participating in high-quality opportunities that go beyond equities, and fixed deposits.Jiraaf offers a solution for retail investors to access great investment products for wealth creation beyond the traditional asset classes all via an easy-to-use convenient digital platform. The investmentopportunities offered on our platform hits the right chords of high-returns, diversification, relatively shorter tenors, and tax efficiency. By hitting the right mix of all these, we aim to become the preferred choice for wealth creation. | $7.4M | Series A | Jun 08, 2022 |  |
| Chargeup | Chargeup operates as a battery swapping network for e-rickshaws. | $2.5M | Seed | Feb 22, 2022 |  |
| Auric (Zenith Drinks Private Limited) | Auric is a Beauty & Wellness brand based on Ayurveda, Plant-Based ancient science from India. It is a digital first, D2C brand with presence in India & US. Natural, Low calories beverages is the first entry point to enter lifestyle of millennials.The brand is nicely positioned between aspiration & convenience as well as Western Logic& Eastern Wisdom. The product on other hand is at crossroads of Supplement Benefits & Grocery ConvenienceTailwinds - #Provenance #BeautyFoods #Wellness #Yoga | $2M | Seed | Jun 28, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [Capital A](https://shizune.co/investors/profile/capital-a-5a4d) — VC Fund, 8 deals together
- [Force Ventures](https://shizune.co/investors/profile/force-ventures-3142) — VC Fund, 2 deals together
- [LC Nueva Investment Partners](https://shizune.co/investors/profile/lc-nueva-aif) — VC Fund, 2 deals together
- [Sattva Family Office](https://shizune.co/investors/profile/sattva-family-office) — VC Fund, 2 deals together
- [SucSEED Indovation](https://shizune.co/investors/profile/sucseed-indovation) — VC Fund, 2 deals together
- [Venture Catalysts](https://shizune.co/investors/profile/venturecatalysts) — VC Fund, 2 deals together

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### Similar industry
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### Similar stage
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## FAQ

### What does Air Asia invest in?

Air Asia invests primarily in Sports, Battery and Software startups, most often at Seed and Corporate Round stage. Most of the 11 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Air Asia's check size?

Air Asia typically joins rounds of $2M–$9.5M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Air Asia participates in.

### How do I contact Air Asia?

Public channels for Air Asia include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Air Asia?

The team at Air Asia includes Clarence Lee (Mobile Product Manager), Colin Currie (Chief Commercial Officer) and Ilyas Ishak (Mobile Manager), among 15 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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