Ganesh Kumar Bangah
Fourteen years after quitting college on receiving RM2 million (US$618,000 at current rates) in funding from his main investor Malaysian billionaire Vincent Tan, Ganesh Kumar Bangah has repaid his confidence by taking his online-to-offline (O2O) payment company MOL Global Inc to a Nasdaq listing.
Dotcom pioneer MOL Global Inc, which is expected to list on the Nasdaq Global Market the first week of October, registered a solid first-half performance, seeing net profit more than double to RM11.2 million (US$3.5 million) versus RM5.1 million (US$1.6 million) in the first half of last year.
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How many entrepreneurs throughout South-East Asia will be inspired by Ganesh Kumar Bangah’s MOL Global and its Nasdaq listing? Karamjit Singh wonders, while encouraging entrepreneurs to read and learn from the company’s preliminary prospectus.
Disrupt #20 takes a look at angel investors and why they invest and do not invest in certain ideas or entrepreneurs.
Almost 20 years after beginning his entrepreneurial journey while still a teenager, Ganesh Kumar Bangah, MOL Global Inc founder and CEO, is on the cusp of listing his company on New York’s Nasdaq market. Karamjit Singh looks through his prospectus and shares some of the key points that strike him.
IPO proceeds will be used to repay debts, among other uses No plans to pay dividends in the foreseeable future
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]
US-based prepaid product and transaction services company InComm has entered into an exclusive arrangement with MOL, one of Asia’s leading online payment service providers, to launch point-of-sale-activated (POSA) gift card mall solutions in South-East Asia.
Leaders in Malaysia’s ecosystem have to make themselves available This includes JobStreet’s newly minted millionaires, led by Mark Chang