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Inanc Balci

Crestone VC
Co-Founder & Partner
Inanc Balci is the Co-Founder and Partner of Crestone Venture Capital, a growth-stage Emerging Markets Fintech fund covering LatAm and SEA focusing on payments, credit intermediaries and open banking verticals.

Balci began his career at an investment bank in London where he worked on mergers and acquisitions.

In 2012, Balci co-founded Lazada Group in SEA and became the Chief Executive Officer of Lazada Philippines where he steered the growth of Lazada together with thousands of employees. Under his leadership, Balci has managed to progressively transform the shopping nuances of many Filipinos and defy the geographical boundaries in all of 7,600 islands of the Philippines by providing customers from remote areas an access to an effortless shopping experience. In six years at the helm, Balci brought the whole Philippine e-commerce industry to new heights, where now thousands of sellers cater to millions monthly transactions.

Balci graduated with a double degree in Industrial Engineering and Economics from Purdue University in the United States.