Malaysia
Malaysia’s Bateriku.com raises $2.11M funding from VentureTECH, VentureTECH SBI
Malaysian roadside assistance company Bateriku (M) Sdn. Bhd. (Bateriku.com) has raised MYR 10 million ($2.11 million) from government-backed impact investment companies VentureTECH Sdn. Bhd. (VentureTECH) and VentureTECH SBI Sdn. Bhd. (VentureTECH SBI) to expand its connected roadside assistance services.
Malaysia unveils blueprint for venture capital growth and economic empowerment
Malaysia has on Monday unveiled a blueprint for venture capital growth and economic empowerment. Crafted through meticulous collaboration and strategic foresight, this roadmap is set to ignite innovation, foster entrepreneurship, and drive economic growth across the nation.
FinDoc partners Malaysia’s CTOS to offer AI-enhanced ID verification in loan eligibility screening
FinDoc Sdn Bhd (FinDoc), a Malaysia-based FinTech startup, has announced a strategic partnership with CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, to offer artificial intelligence (AI)-enhanced ID verification in loan eligibility screening.
Capital A partners Trip.com to enhance travel offerings
Malaysia-based Capital A announced last Friday it has signed a comprehensive partnership with China’s leading global travel service provider Trip.com Group, aimed at enhancing travel offerings and market reach across Asia.
Capital A’s digital arm forms strategic partnership with Ant International
The partnership covers various areas, exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the Micro, Small & Medium…
Malaysia’s MDEC to introduce new Malaysia Digital incentives
Malaysia Digital Economy Corporation (MDEC) under the newly established Ministry of Digital in Malaysia said it will introduce new Malaysia Digital (MD) tax incentives in May to boost Malaysia's digital leadership.
Malaysia’s Applecrumby raises $4.2M from 500 Global
Applecrumby, a Malaysia-based babycare brand and eCommerce platform, has raised $4.2 million growth investment from multi-stage venture capital firm, 500 Global. The investment will accelerate the company’s growth through its high quality, safe and affordable babycare products, including the world’s first 100 percent totally chlorine-free mass market…
Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space
Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest payment processing companies. Soft Space said in a statement on Monday that this investment from GMO-FG comes before Soft Space’s planned Series C funding round, aimed at…
Malaysia to introduce new tax incentive for digital status companies – report
MDEC chief executive officer Mahadhir Aziz said the tax incentive, to be announced in May, will be for digital initiatives in intellectual property (IP) and non-IP, and also in the form of investment tax allowance incentives, the report added.
Malaysia’s co-working space provider WORQ in talks to raise $8.5M for Series B funding
WORQ announced in October last year that it has completed its pre-Series B fundraising round, backed by 14 follow-on investors.
