Ikhlas Capital

Singapore’s Food Empire secures $40M from Ikhlas Capital

Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital Singapore Pte. Ltd.

BigPay banks on AirAsia’s ecosystem, consortium’s banking expertise to vie for digital banking license in Malaysia [Q&A]

In the interview, Dhanani also shared BigPay’s plans and strategy on how to serve the “underserved and unserved” segment in Malaysia.

AirAsia’s BigPay teams up with state-linked MIDF, PE firm Ikhlas Capital for digital banking license in Malaysia

BigPay's consortium will be joining a crowded field for digital bank licences on offer. Malaysia central bank said it would issue up to five licenses by early 2022.