The conventional VC incentive structure works because it’s very performance driven.
Despite emphasizing its ecosystem building role, the headlines were still about the combined US$550mil that Mavcap hopes to raise with its partners.
Mavcap marks a milestone, signing MoUs with leading venture capital firms Gobi Partners and Elixir Capital.
After having received undisclosed seed funding from Elixir Capital, Indonesia’s ‘online food network’ Kokiku TV is planning to expand its online video service to Vietnam and Thailand by next year.
On-demand land cargo startup TheLorry has raised US$1.5mil; its cofounders speak to Karamjit Singh on their journey so far and what’s ahead.
FashionValet founder Fadzarudin Anuar talks to Karamjit Singh about his game plan to expand the business after receiving ‘multimillion dollars’ in funding from Elixir Capital via its ECM Straits Fund.
The husband-and-wife team behind Malaysia’s online shopping destination FashionValet has much to celebrate about, announcing a multimillion-dollar investment led by Elixir Capital, a global private equity firm based in Silicon Valley, California. The actual amount was not disclosed.
DNA founder Karamjit Singh sees a link to Malaysia’s Vision 2020 developed nation target in two of the stories DNA ran this week, both about efforts to plug specific gaps.
Annelutfen, an Istanbul-based e-commerce business for baby and mother products, announced that last month it completed a US$4-million investment round led by Elixir Capital’s ECM Straits Fund.
US-based big data analytics company aWhere, which focuses on the agriculture market, closed a US$7mil equity round with an investment from Elixir Capital where Mavcap has an interest via its participation as lead investor in Elixir's ECM Straits Fund.