[4] In 2011, James Tan and Wang Yunming, cofounders of Nasdaq listed 55tuan,[5] launched a venture fund to focus on investments in China and Southeast Asia.

[10] In 2020, Quest Ventures announced a partnership with ScaleUp Malaysia Accelerator to invest in Malaysian startups.

[12][13][14] The firm invests primarily in early-stage digital commerce startups that are based in Southeast Asia.

[17][18] Vulcan Post has described James Tan, Managing Partner of Quest Ventures, as an investor with the Midas touch.

[19] The firm is typically the first investor in startups, and primarily looks at the team of founders when making an investment decision.