Qnet founded by Vijay Eswaran
History
1998 - 2000
QNet was founded in 1998 in Hong Kong by businessmen Vijay Eswaran and Joseph Bismark. Though born and brought up in Malaysia, Eswaran undertook his higher education in the United Kingdom where he learned how multi-level marketing schemes work.
The company was first known as GoldQuest and then QuestNet before the name was shortened to QNet in 2010. In the beginning, it made custom-commissioned commemorative coins and later began selling jewellery and watches. In 1999, Qnet expanded its operations to Malaysia and Singapore and began a partnership with B.H. Mayer's Mint, a German-based mint coin facility. By 2002, the company was active in India, the United Arab Emirates, Indonesia, Thailand, Australia, the United Kingdom, and Eastern Europe.In 2000, Qnet was the official distributor of the Sydney Olympic Games commemorative coins. It was later named a distributor of FIFA’s Centennial Commemorative coin set in 2004 and a distributor at the 2004 Athens Olympic Games and 2008 Beijing Olympic Games.