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Khailee Ng

Khailee Ng (born May 2, 1984) is a Malaysian entrepreneur and investor. He is a managing partner and board member of the venture capital firm 500 Global (formerly 500 Startups).

Ng's career began with the founding of several technology startups in Southeast Asia before transitioning into venture capital. He has overseen investments in over 340 companies, including several that achieved valuations exceeding US$1 billion, such as Grab, Carsome, and Carousell.

Career

Groupsmore

Ng co-founded the group-buying site GroupsMore in 2010. Groupsmore was acquired by Groupon in January 2011 and was subsequently rebranded as Groupon Malaysia.

SAYS.com

In 2010, Ng founded SAYS.com, a social news platform. In 2013, SAYS.com merged with Catcha Media to form the digital media group REV Asia in a deal valued at approximately US$13 million. Ng served as Chairman of REV Asia’s board until 2017, when the company was acquired by Media Prima Berhad for approximately US$24 million.

500 Global

Ng joined 500 Global in 2013 as a venture partner for Southeast Asia, managing the US$10 million ‘500 Durians’ fund. He was promoted to Managing Partner in 2014. During his tenure, the firm raised several regional funds, including ‘500 Durians II’ at US$53 million and ‘500 Southeast Asia III’ at US$143 million.

Ng was an early investor in the super-app Grab, the automotive marketplace Carsome, and the classifieds platform Carousell. In 2022, he received the Global Startup Mentor Award from the Founder Institute.

Personal life

In November 2018, Ng married Elisa Khong in a ceremony that was broadcast online.

References