Malaysia
PRO-NET obtains $42M financing to support green mobility and smart electric vehicles trading in Malaysia
Proton New Energy Technology Sdn Bhd (PRO-NET), a wholly owned subsidiary of Perusahaan Otomobil Nasional Sdn Bhd, announced Thursday it has obtained MYR 200 million ($42.19 million) in financing from CIMB Bank Berhad (CIMB) for the funding of its green mobility initiative and the import and distribution of the smart #1 premium electric vehicles (EV) in…
Shopee doubles down on operational and logistics investments in Malaysia
Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.
Malaysia’s Jaya Grocer partners Paywatch to enable real-time access to salaries for its employees
Jaya Grocer, a Malaysia-based mass-premium supermarket chain, has partnered with earned wage access (EWA) provider Paywatch, to enable real-time access to salaries for Jaya Grocer employees.
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…
