Jamaludin Bujang helped Mavcap create, manage, and participate in nine funds with a combined size of up to US$8490 million since 2014.
Fund will focus on Seed and Series A investments in technology enabled businesses.
GEM initiative recognises high-performing and scalable entrepreneurs that showcase outstanding development.
The US$200 million fund will be aimed at Southeast Asian innovation and tech-related companies.
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Axiata Digital Innovation Fund partners with Johor Corp to further drive Malaysia’s digital ambitions
ADIF’s purpose is to aid digital startups that are already revenue-generating operations requiring further support to grow in terms of funding, know-how and market access.
The lack of successful tech companies has had a ripple effect on the risk appetite of corporates to invest in the space.
Leadership of the various entrepreneur development programs in Malaysia comes from the top with secretary general of the Ministry of Finance, Mohd Irwan Serigar Abdullah, a tireless force for action and positive change.
Despite emphasizing its ecosystem building role, the headlines were still about the combined US$550mil that Mavcap hopes to raise with its partners.