Potentially over US$70 million in venture funding to be launched Internet entrepreneurs TS Wong, Patrick Grove playing major role IS Malaysia on the verge of becoming a fantasy come true for startups starved for funding?
There is an undeniable gap between the potential of South-East Asia as a market for technology startups and the number of venture capital funds available to such entrepreneurs, but that will change when there are more success stories, according to panellists at the monthly Disrupt discussion.
Let’s stop just talking about the funding gap in the Malaysian and even larger South-East Asian ecosystem, and help do something about it, writes A. Asohan.
Is there a funding gap because VCs in the region lack business experience? Or is the lure of India and China simply overshadowing Asean possibilities?
Online investment firm the Catcha Group announced that its portfolio company the iProperty Group, which owns and operates a regional network of property websites, has crossed RM1 billion (US$314.4 million) in market capitalisation.
Still intrigued by the observations of scale and market size by Japanese venture capital firm CyberAgent Ventures, Karamjit Singh pursues the matter with some Internet heavyweights.
Following the completion of the merger between certain Catcha Media Berhad (Catcha Media) subsidiaries and Says Sdn Bhd on Oct 8, a new company, Rev Media Equity Holdings Sdn Bhd (Rev Asia), has been formed.
With so many similar startups in the landscape these days, if you don't have a unique business model or technology, the key to your survival is going to be execution, writes Karamjit Singh.
There is a gap in the Asean venture capital space and it has been unable to meet demands in the region, particularly when compared with that of more mature markets such as the United States and Europe, according to Patrick Grove, group CEO and founder of the Catcha Group.
Macrokiosk founders raise their initial 2011 buyout offer by 50% to buy back 70% stake in the company from investor Goldis Bhd.