Over 50% global ransomware incidents in 2023 were detected in SEA: Trend Micro
SEA saw rise in ransomware detections, making up 52% of global number Region saw a YoY decline in email threats, online banking malware (by 84%)
Uni students win big at Hong Leong Bank’s generative AI hackathon
‘Can You Hack It’ saw solutions to improve customer & workplace experience Alignment with HLB brand values which strongly promote a culture of innovation
Penang's startup ecosystem receives recognition with Georgetown as 8th ranked city in Southeast Asia 
Georgetown is 2nd highest-ranked city in Malaysia with KL at 4th spot Supporting startup ecosystem part of plan to attract high-tech industries
FIKRA ACE Accelerator 2023 picks Global Psytech and Pewarisan as winners
Opportunity for cohort to run Proof-of-Concept projects with industry partners Fikra Ace lays foundation for future innovation & collaboration in Islamic finance
NexMind AI wins APICTA Award 2023 for Digital Marketing and Consumer Tech category
2nd year in a row Malaysian AI startup has won an APICTA category award Rapid growth over past 2 years, claims to serve 1k active clients in 78 countries
Sidec exposes 5 companies to cutting edge e-commerce with trip to Hangzhou
Participants from Selangor e-Commerce Xccelerator Programme 2023 Exposure inspires a founder to change mindset from local/SEA to global
IT salaries in Malaysia show largest % jump according to Pikom’s Economic and Digital Job Market Outlook 2023
Digital economy growth of 25.5% projected in 2024, ahead of national target Pikom also sees an annual average growth rate of 6.45% over a 10-year period
WORQ raises undisclosed pre-series B on back of profitability
Internal round participation by 14 investors at an up-round with Phillip Capital the lead Revenue growth of 80% in 2023 with industry leading net profit margins in the mid-teens
SAS hackathon winner predicts and mitigates Jakarta flooding
Pursuing smart city goals, Jakarta local govt teams with SAS partner Analyzed real-time data on rainfall, water levels, river flow to predict flooding
Malaysian fintech, MADCash, raises US$1.06mil pre-Series A to empower women entrepreneurs
Led by Artem Ventures, support from MSW Ventures & ScaleUp Founders Fund Helps underserved founders build credit scoring, sharpen entrepreneur skills
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021