Penjana Kapital

Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund

RHL Ventures, which is in the midst of finalizing funds for its Hibiscus Fund, is seeking opportunities in the environmental, social and corporate governance (ESG)-related,…

Malaysia-based Iris Capital Partners launches $37.8M Venture Debt Fund

Malaysia-based venture debt firm Iris Capital Partners has launched the country’s first privately led venture debt fund, the Iris Fund, which aims to finance high-impact startups…

Malaysia’s Penjana Kapital partners Indonesia’s AC Ventures to pave way for Malaysian start-ups to access $1T Indonesian market

Malaysian government-backed Penjana Kapital said Thursday it has entered into an agreement with Indonesia venture capital firm AC Ventures, to pave way for Malaysian start-ups to…

RHL Ventures’ Hibiscus Fund targets final close of up to $100M, eyes opportunities in food, healthcare & mobility sectors

RHL Ventures, which has been selected by the Malaysian government for its Dana Penjana Nasional (DPN) Program, has chosen three main themes for its Hibiscus Fund which is…

Malaysia finance minister says Indonesian FinTech unicorn Xendit to relocate financial hub to Malaysia – report

Indonesia-based FinTech firm Xendit, which has reached unicorn status last week, is said to be relocating its financial hub to Malaysia. The announcement was made by Malaysia…

Malaysian government entities MaGIC & Penjana Kapital collaborate to offer seed stage startups better funding access

Two Malaysian government entities, The Malaysian Global Innovation & Creativity Centre (MaGIC) and Penjana Kapital Sdn Bhd (Penjana Kapital) are collaborating to unlock…