ADIF

Muslim-focused online travel startup Tripfez lands US$750K funding
Malaysian online travel agency and hotel review platform Tripfez, which is focused on halal travel and stay experiences for Muslims, has raised US$750,000 in a seed round led by Gobi Partners and Intres Capital, the latter through the Axiata Digital Innovation Fund (ADIF) it manages.
KFit gets US$12mil Series A boost
KFit has secured US$12mil in a Series A round led by Venturra Capital, with participation by new investors such as SIG and Malaysia’s Axiata Digital Innovation Fund.
Mavcap budget to be slashed, looks to private sector
The Malaysian Government’s VC arm Mavcap may see its allocation for investments reduced by as much as half, said its CEO.
Corporate VC fund ADIF invests US$2.9mil in 6 startups
ADIF, the largest corporate VC fund in Malaysia, has announced its first batch of investments, pumping US$2.9mil into six Malaysian startups.
Axiata gets into startup game via US$30mil fund with Mavcap
Axiata Group starts its journey investing into startups with the creation of the bumiputera-focused US$30-million (RM100-million) Axiata Digital Innovation Fund, together with Mavcap.
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Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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