As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame. Furthermore, they unveiled their ambitious aspirations, meticulously outlined their strategic plans for 2025, and offered insightful predictions on the trajectory of the tech industry in the coming year.
We talked to Bikesh Lakhmichand, Founding Partner & CEO of 1337 Ventures, to learn more about the Malaysia-based venture capital firm’s achievements in 2024, its plans and aspirations for 2025. He also shared insights on the outlook for the tech ecosystem in Malaysia in the new year.
1. How was 1337 Ventures’ 2024?
2024 has been an incredible year for us at 1337 Ventures! Through our new 1337 Capital 1 Fund, we invested in seven exceptional startups across Southeast Asia, reinforcing our commitment to the region’s vibrant and fast-growing startup ecosystem, particularly in fintech and healthtech.
A highlight of the year was being named Best Venture Capital at the ASEAN Ricebowl Awards—a testament to our dedication to empowering founders and championing innovation.
This year, we also delivered impactful accelerator programs, including the Alliance Bank BizSmart Challenge, the Digital Tourism Innovation Lab with MDEC, and the GX Bank Texnovasi Accelerator. These initiatives further underscore our mission to drive entrepreneurial growth and nurture the next wave of game-changing startups.
2. What are your expectations/aspirations for 2025?
Our aspirations for 2025 revolve around driving innovation and fostering growth in transformative sectors such as fintech, personalized healthtech, and the widespread adoption of AI and automation.
Sustainability will remain a key focus, with ESG-driven startups in green technology and clean energy gaining traction. Emerging markets like Southeast Asia are primed for significant growth, spurred by rapid digital adoption and supportive ecosystems. Additionally, niche sectors such as HealthTech, TourismTech, and AgriTech are set to expand through targeted accelerator programs.
Our vision is to drive regional collaboration, champion inclusivity in innovation, and position Malaysian startups to thrive on the global stage while aligning with the region’s broader digital transformation goals.
3. What are your plans for 2025? What is the focus of the new year?
We are gearing up for an exciting 2025 with several impactful initiatives. A major milestone is the launch of the GX Bank Texnovasi Accelerator, which will kickstart in January 2025 by fostering fintech innovation.
In January, we’ll also debut Alpha Startups Inno4Her, a FemTech-focused accelerator aimed at empowering female-centric health and tech solutions. Additionally, we’re introducing the Leet Launchpad—a dynamic platform to showcase promising Malaysian startups, offering them the opportunity to pitch to investors and corporate partners.
Our focus remains on supporting startups in emerging sectors, driving impactful innovation, and creating meaningful opportunities that shape the future of industries across the region.
4. How is the outlook for 2025 for the tech ecosystem in Malaysia?
The outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising. We are witnessing stronger collaborations between startups, corporates, and accelerators, paving the way for greater innovation and growth. With rising attention on key sectors like fintech, healthtech, and AI, Malaysia is poised to elevate its global competitiveness and establish itself as a leader in the tech space.
The increased investment and support for emerging technologies are creating a fertile ground for disruptive startups to thrive. It’s an exciting time for the ecosystem, and we are proud to be part of shaping the next wave of transformative startups that will drive Malaysia’s tech future.
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