All six nations in the region have a relatively young population, a growing middle class, high smartphone penetration and good disposable income.
Aims to use funds to transform Malaysia’s supply chain finance ecosystem.
Be Lazee founders share three lessons from their failure to land funding and why startups must focus on fundamentals from the get go.
Singapore-based KK Fund has closed an undisclosed amount for its second venture fund, with the brother of Softbank founder Masayoshi Son being one the Japanese investors in the round, reports Karamjit Singh.
Malaysian startup Hostel Hunting Sdn Bhd said it has raised US$500,000 in a seed round led by KK Fund, for its student accommodation marketplace.
Besides making money, there are other things that define a good deal, according to a group of investors at the recent MBAN Summit.
It has taken Be Malas, the SMS-based request service, just one month to raise US$500,000 from Singapore-based Japanese fund KK Fund. It has now launched in Singapore, with Hong Kong next. Karamjit Singh has the story.
Cradle Fund Sdn Bhd has signed up another five partners for its Co-Investment Partners programme, doubling the total combined funding under the programme to about RM56.7 million (approximately US$16 million) from RM28 million.