Outside of Klang Valley, in rural and less urbanised locations, there exists untapped business opportunities and potential market of 20 million people.
Second time lucky, the startup secures the grant after its pivot and aims for expansion.
Interactive advertising for the digitally-savvy consumer
KL-based startup Katsana is combining GPS tracking with behavioural data to help motor insurers reduce claims losses, and now plans to raise US$3 million in seed funding.
The Malaysian Government’s Bumiputera Agenda Steering Unit (Teraju) said it has allocated RM120 million (US$29.9 million) for programmes it will be running with collaborators enable bumiputera entrepreneurs to be more competitive in both domestic and global markets.
Entrepreneur and 500 Startups managing partner Khailee Ng (pic) has stepped down from the board of directors of the Malaysian Global Innovation and Creativity Centre (MaGIC).