Malaysia

Gobi Partners, the Pan-Asian venture capital (VC) firm with $1.5 billion in assets under management, has onboarded four more promising Malaysian startups to its Gobi Superseed II Fund (Gobi SSIIFund). The four firms being onboarded are Islamic-themed streaming service Durioo+, e-commerce marketplace Lapasar, earned wage access provider Paywatch and online…

Wellous Group Limited, a Malaysia-based international nutrition company, has on Tuesday announced key leadership appointments to help further the company’s global expansion and prepare for transitioning to life as a public company. The firm has appointed Lee Koon Tan as the group's president. It has also announced the appointment of Jorrine Ang as chief…

Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.

WhyQ, Singapore-based food delivery platform, has successfully secured an additional MYR4.6 million ($1.08 million) in an extension to their Series A2 funding round. The extended round was led by the Kairos FoodTech Fund of Kairos Capital Group.

MYStartup, a Malaysian government initiative powered by Cradle Fund Sdn Bhd. (Cradle), in partnership with Digital Nasional Berhad (DNB), has on Wednesday announced the winners for the recently concluded MYStartup Hackathon 2022.

Touch ‘n Go Group, via the Touch ‘n Go eWallet, has formed a strategic partnership with Visa, the world’s leader in digital payments, to launch the first corporate social responsibility (CSR)-linked Visa prepaid card in Malaysia.

TrueMoney, a fintech subsidiary of Thailand-based Ascend Money, has launched in Malaysia via partnership with Lotus’s Stores Malaysia Sdn Bhd (Lotus’s Malaysia) on Thursday.

Malaysia-based integrated car e-commerce platform Carsome is bolstering its Indonesian operations via partnership with Indonesian electric vehicle (EV) firm Electrum and has committed to investing in expanding its business in the nation’s planned Nusantara capital. 

MYStartup, a Malaysian government-owned platform powered by Cradle Fund Sdn Bhd. (Cradle), has collaborated with Digital Nasional Berhad (DNB) to launch a hackathon (MYStartup Hackathon 2022) targeted at solving DNB's key corporate challenges.