NEXEA invests RM2.5 million in one of the largest online diamond sellers, ZCOVA

“Founders of ZCOVA, Low ZiWei and Low ZiYin”

Subang Jaya – 07 February 2022 – ZCOVA, a diamond jewelry store, was started with the mindset of revolutionizing the diamond industry in July 2015 by founders Low Ziwei and Low Ziyin.

They have added innovations such as 360° diamond viewing videos, personalized virtual consultations, virtual try-ons using augmented reality and even introduced dual diamond certification to the Malaysian diamond market.

Their end goal in doing all of this has always been to provide transparency and reliability, which will allow their customers to make an informed purchase decision and have a positive shopping experience.

“Since establishing ZCOVA in 2015, we have helped over 4,300 customers save RM20 million in diamonds through our innovative business model and continuous consumer education. Over the years, there has been a growing demand in other states for what we offer here at ZCOVA, including our education, transparency, services, and experience.

We strive to ensure that every customer touchpoint across all of our online channels, including website and social media, offline in our Experience Centers, is complemented with one-to-one consultations. In line with ZCOVA’s mission to make diamonds more accessible to everyone, we are expanding this experience to more locations, starting with Johor.

The Johor Experience Center will also serve as a service center in the Southern Region, catering to customers who need to resize or refurbish their jewelry with ease. said ZCOVA co-founder Low Ziwei.

Despite the recent pandemic, ZCOVA still managed to raise RM2.5 million from NEXEA angel investors. Investor confidence was evident from ZCOVA’s revenue growth of 450% year-on-year.

“ZCOVA has a very strong business model and has proven itself in other countries. They have very strong competitive advantages and are the most successful in the Southeast Asian region.

We expect to see ZCOVA become the big winner in the online jewelry space and have a good chance of becoming one of the next unicorns in the Southeast Asian region. said Ben Lim, Managing Partner of NEXEA.

About NEXEA

NEXEA is a Malaysian venture capital and start-up accelerator company specializing in backing and financing technology companies with the potential to become the next tech giants. NEXEA also offers services to investors and companies wishing to invest or work with future technology giants.

NEXEA is known for its mentors who are former successful entrepreneurs or senior executives who own or have sold (IPO, M&A) their businesses. The combination of mentors, experts, and experienced partners proves powerful, as the top companies among more than 35 startups invested by NEXEA have grown 3 to 16 times a year. NEXEA is based in Bandar Sunway, Selangor.

Also discover our Entrepreneurs program and our business accelerator.

Media Contact
Company Name: NEXEA
E-mail: Send an email
Call: 0169509880
Address:B-06-02, Sunway Geo Avenue, Jalan Lagoon Selatan, Bandar Sunway
City: 47500 Subang Jaya
State: Selangor
Country: Malaysia
Website: https://www.nexea.co/

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