Dana Penjana Nasional, the Malaysian government fund set up to stimulate the country’s startup ecosystem, is on track to hit its original fundraising target of 1.2 billion ringgit ($285.6 million) by the end of the first quarter, said Taufiq Iskandar, the chief investment officer (CIO) of Penjana Kapital, the agency that runs the fund-of-funds programme.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com