While many industry players were largely enthusiastic about the national Budget 2016 that Malaysian Prime Minister and Finance Minister Najib Razak tabled in Parliament on Oct 23, some concerns remained.
KL-based fintech startup iMoney has announced a new leadership team to support and extend its position in South-East Asia ahead of its next fund-raising round.
500 Startups will be launching its ‘Distro Dojo’ accelerator programme in Asia, supported by the Malaysian Global Innovation and Creativity Centre (MaGIC).
Education services provider Sync and recruitment portal MauKerja have each raised RM1 million (US$275,000) from Cradle Fund Sdn Bhd and OSK Technology Ventures Sdn Bhd, a wholly-owned unit of OSK Ventures International Bhd (OSKVI).
The duo behind Kaodim.com, managed to raise a RM2 million (US$550,000) seed round within four months of launching their site. Karamjit Singh writes why they don’t have to worry about having “He was a good employee” inscribed on their tombstones.
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]
The panellists at DNA-TeAM Disrupt rejoiced at the prospect of more funds flowing into the ecosystem next year, but lamented the fact that many investors still ask ‘template questions.’
In talks to raise new funds, plans to launch new services soon Debt and bankruptcy advisory services spell new monetisation opportunities
A new exit opportunity opens for startups based in Malaysia, while the continued good progress made by iMoney inspires, writes DNA founder Karamjit Singh.
Malaysian financial comparison startup Intelligent Money Sdn Bhd, better known as iMoney, pumped up by its US$4-million sale of a 20.1% stake to ASX-listed iSelect Ltd, is now ready to embark on its next phase of growth.