Hian was recently interviewed by Ka Kay Lum from DEALSTREETASIA. Excerpts from the interview can be found below. The full article is available here with a DEALSTREETASIA subscription.

Fresh off from closing its second fund at its $135-million hard cap, Singapore-based venture capital firm Openspace Ventures is eyeing more investments before 2018 draws to a close. The VC firm is still bullish on the fintech sector, as well as the e-commerce sector, according to its founding partner, Hian Goh.

“By end of the year, we’re looking at another fintech investment and another marketplace investment. We’re also still very bullish on e-commerce. We think e-commerce is just the beginning if you look at China. It’s not just Indonesia, it’s a regional thing,” he said in an interaction with DEALSTREETIASIA.

Founded in 2014 by Goh and Shane Chesson, Openspace Ventures was formerly known as NSI Ventures, a unit of private equity firm Northstar Group. This April, it underwent a rebranding exercise and went independent. Fund II’s predecessor was closed at $90 million in 2015. Including Fund I, the VC firm now has a total of $225 million in committed capital (excluding co-investments) from its LPs such as Stepstone Group and Temasek Holdings.

Openspace is perhaps best known in the region for being one of the early backers of Indonesia ride-hailing major Go-Jek, which recently launched its services in Vietnam through Go-Viet and is said to launch in Singapore this month. To date, it has a total of 19 portfolio companies under its belt including Singaporean e-commerce company Love, Bonito; Vietnamese online education startup TOPICA; and Indonesian fintech startup FinAccel.

Beyond the firm’s track record, it is also interesting to take a look at the people behind Openspace. Investment banker-turned-entrepreneur Goh founded Asian Food Channel (AFC) in 2005 and then sold it to US TV network Scripps Networks Interactive for $66 million in 2013. AFC was the region’s first Asian pay-TV food channel that had a reach of about 8-million subscribers in 11 markets. The other co-founder, Chesson, also a former investment banker, has 14 years of investment experience – particularly in Asia, when he started Openspace with Goh. Last year, the firm also recruited Nichapat Ark to oversee Openspace’s Thailand coverage. Ark was most recently an executive committee member as well as managing director and head of financial markets for Standard Chartered Bank in Thailand. Edited excerpts: