Founded in 2019, JG Digital Equity Ventures Inc. or JGDEV, is the corporate venture capital arm of JG Summit Holdings, Inc., one of the Philippines' biggest conglomerates with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, real estate, property development and telecommunications. JGDEV looks for sustainable and scalable business models that can create value to the core businesses of the Gokongwei Group ecosystem with special focus on ecommerce, fintech and supply chain & logistics. JGDEV typically invests in tech startups in their early to growth stages targeting the Southeast Asian market, and more importantly, led by founders who have the right entrepreneurial mindset, are passionate, great at problem-solving, excellent in execution and have high integrity.