This week's show starts with the incredible US$350-million record-breaking round that Malaysian-launched and -owned GrabTaxi has announced, but also looks at other startups playing the regional game, as well as not-so-old-school player Telekom Malaysia.
DNA founder Karamjit Singh is excited about the clear trend of Malaysian corporates partnering with accelerators across Asean to create value for startups and themselves. Maybank has partnered with 1337 Ventures and a clutch of corporates has partnered with the Malaysian Global Innovation and Creativity Centre (MaGIC).
In a sign that more corporates are starting to engage with startups to accelerate their ideation, Maybank Group has partnered with 1337 Ventures to run a four-country Ignite roadshow to pick 20 startups to head to KL for a bootcamp, writes Karamjit Singh.
Startupbootcamp FinTech, an accelerator focused on financial innovation and part of the global award-winning Startupbootcamp accelerator, has announced a Pitch Day in Kuala Lumpur.
1337 Ventures is on the hunt for aspiring entrepreneurs to join the fourth intake of Alpha Startups, its pre-accelerator programme, which begins on Jan 5, 2015.
US payments giant PayPal and payment gateway Braintree have announced the launch of Startup Blueprint in eight markets in Asia Pacific: Australia, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore and Taiwan.
1337 Venture's Bikesh Lakhmichand did something Karamjit Singh has not seen any entrepreneur do before: Return funds to the Government … but not before leveraging it to raise private money.
18 months after launching his accelerator and pre-seed fund, Bikesh Lakhmichand has returned the unused portion of the US$1.6 million fund to the Malaysian Government and raised private money instead.
1337 Ventures, in partnership with the Multimedia Development Corporation (MDeC), has announced its second Alpha Startups pre-accelerator programme in Malaysia, formed to help early stage startups get from raw idea to validated minimum viable product (MVP).
1337 Ventures launches programme to help first-time entrepreneurs get from raw idea to validated minimum viable product.