keertan
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CARSOME’s former holding company slashed losses by 80% in FY22
CARSOME said its consolidated revenue grew by 250% to $1.5b in 2022.
Malaysia seeks to put MAVCAP, Penjana Kapital under sovereign wealth fund Khazanah
The decision was part of the national budget announcements.
Chief of Malaysian VC Penjana Kapital makes a compelling case for merger with MAVCAP
"It's about time that public-funded agencies become scalable and efficient," said CEO Taufiq Iskandar.
SG Digest: Ex-Google employees launch restaurant app; Temasek, DBS trusts to launch capital marketplace
Three former Google employees — Piet Walraven, Meiwin Fu, and Zihui Chen — have launched Drigmo.
Gobi Partners backs Malaysian agritech startup BoomGrow in pre-series A round
The investment was made through Khazanah-backed Gobi Dana Impak Ventures fund.
What is holding down Malaysia’s funding ecosystem and can it be fixed?
In H1 2023, Malaysian startups raised $81m—the lowest among SE Asian nations.
SG-based InterContinental Energy bags $115m funding from GIC, Hy24
The new funds will go towards accelerating the deployment of its green hydrogen-related projects.
Singapore-based biotech startup Automera bags $16m in Series A funding
The round was co-led by ALSP and ClavystBio and joined by EDBI and Xora Innovation.
SEA Digest: GlobalFoundries to set up new hub in Malaysia; Finastra, Tonik extend partnership
The new facility will create 300 high-value manufacturing support roles.
Grab shuts down GrabInvest, associated investment products
The decision is part of its efforts to streamline focus on GrabPay, insurance and lending.
