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 equity crowdfunding platform that the Securities Commission Malaysia (SC) is proposing will depend heavily on investor confidence, its chairman Ranjit Ajit Singh acknowledged.
Cradle CIP Catalyst recipient Sync Media (M) Sdn Bhd has secured RM250,000 (US$78,840) funding from a local angel investor to develop its School Communication Platform, a mobile solution that aims to break down the barriers of communication between teachers and parents.
Nazrin Hassan frets over trend of startups raising money overseas Badlisham Ghazali leaves MDeC after 7 years to run airports business
The one-to-one funding partnership announced last month by Malaysia’s Cradle Fund and Singapore-headquartered Golden Gate Ventures aims to not only bridge the funding gap in the local ecosystem, but also arrest the ‘entrepreneurial brain drain,' says Cradle chief Nazrin Hassan.
Cradle, a non-profit under Malaysia’s Ministry of Finance, has joined forces with Singapore-based seed fund provider Golden Gate Ventures to co-invest in Malaysian early-stage technology companies.
The 2013 Auditor General’s Report highlighted weaknesses in the management of activities at Cradle Fund Sdn Bhd, a funding agency under the Ministry of Finance. Following the findings of the report, the agency is making moves to clean up its internal processes, reports Gabey Goh.
After nursing the Malaysian Business Angels Network (MBAN) since its birth in December, 2012, Cradle Fund has passed on its responsibility to the private sector, as has always been the intention. DNA founder Karamjit Singh speaks to Cradle’s Nazrin Hassan and Richard Wong, the first president of MBAN.
Mobile banking solutions provider Tootpay Sdn Bhd emerged the winner at the Echelon Malaysia Satellite pitching competition held earlier this week, and will represent the country at the main Echelon 2014 event in Singapore this June.
CEO identified, working for global company out of Silicon Valley US$21.4m to kickstart activities, in Cyberjaya to tap tech ecosystem