Malaysia
MYStartup Pre-Accelerator Cohort 2 Program launched with 38 startups
Selected startups will have direct access to local and international mentors, resources, and market exposure with extended post-program and funding opportunities.
500 Global-backed StoreHub to focus on existing markets as it aims to reach profitability within two years
In the interview, Fong also shared some of his opinions on issues related to the digitization within the F&B industry post-pandemic.
New MRANTI Park Master Plan will assist Malaysia in facing Industrial Revolution 4.0, says PM
MRANTI Park will be equipped with modern infrastructure, including high-speed broadband and 5G technology, as well as incentives and funding opportunities. It is also designed to attract young professionals and create a stable pathway for highly skilled talents
Malaysia’s Carsome banks on digital banking to complement existing car business
In the interview, Kee also shared the opportunities Carsome sees in building a digital bank in Malaysia and the competitive edge it has against others. He, however, declined to comment on the launching timeline of the digital bank.
Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts
As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line, and enforcing stricter performance management. This strategy will impact a certain number of employees, who will receive their full severance package and extended health benefits…
Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs
On Tuesday, 15 startups across nine verticals including manufacturing, SAAS, HealthTech, logisitcs, AgriTech, FoodTech, FinTech, EdTech and PropTech were chosen to pitch on the demo day.
Malaysia’s Aerodyne secures $30M strategic investment bridging round led by Petronas
Malaysia-based drone service provider Aerodyne Group announced Monday that it had raised $30 million as part of its latest bridging round. Iits long-time client Petronas, via its corporate venture capital arm Petronas Ventures, has led the funding round.
Malaysia’s Instapay Technologies raises $4.75M Series A funding led by Daiwa Securities-backed fund
Malaysia-based payments fintech firm Instapay Technologies Sdn Bhd, has raised $4.75 million Series A funding round, to fuel its growth in ASEAN and Middle East markets.
Malaysia’s Revenue Monster clinches $6.6M funding from SEA Capital
Revenue Monster Group, a Malaysian financial technology company, has announced a successful private equity funding round and the signing of a memorandum of understanding (MoU) that solidifies its mission to create Malaysia’s most holistic FinTech solutions ecosystem to fast-track Malaysia’s digital transformation.
PPRO makes moves in Malaysia with integration of Grabpay and Touch ‘N Go
PPRO, the global provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on its payments infrastructure.
