Ventures Ventures fund: Ventures represents Capital A’s aspiration to pivot from a leading global airline into a global digital corporation by building businesses through innovation and connecting with tech startups across the globe. With a proven track record of having grown BigPay, Teleport and airasia Super App, it aims to incubate and accelerate the development of leading innovative products and services with the goal of eventually incorporating them into the Capital A ecosystem. Its current focus is to further develop three main portfolio companies – airasia grocer, airasia academy and IKHLAS – utilising Capital A’s resources around Asean as well as leveraging external collaborations for rapid expansion. Ventures also plans to launch funds integrating the venture builder and venture capital model. Venture Builder incubates and grows strategic businesses Venture Capital invests in startups globally Startup Studio develops strategic businesses that can monetise Capital A’s assets Investment sources and invests in early stage startups Connector utilises and aligns our resources around Asean to service our portfolio companies and form external col laborations on strategic R&D Networking establishes cross-border contacts and builds long-term relationships in the industry M A N A G E M E N T D I S C U S S I O N A N D A N A L Y S I S A N N U A L R E P O R T 2 0 2 1 0 9 1
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