Investing US$1.49 million in the VR/AR and AI educational systems developer.
Collaborates with e-government provider PT Cartenz Technology.
Will invest US$2.37 million for a 3.125% stake in the mobile AR/VR developer.
Malaysian technology provider to the accounts receivable industry continues to solidify presence in SEA.
https://www.currenseek.com/A group of top level executives and entrepreneurs from around the world descended to Kuala Lumpur for Endeavor’s first ever International Selection Panel held in Malaysia.
The lack of successful tech companies has had a ripple effect on the risk appetite of corporates to invest in the space.
All eyes are on the entry of Car X Services Sdn Bhd’s MyMotor.my into the Malaysian online automotive classifieds space, currently dominated by ASX-listed iCar Ltd and Singapore’s 701Search Pte Ltd.
MyEG, after behaving like a VC, will now revert to behaving like a typical corporate investor. Will this approach yield it better results? Karamjit Singh ponders.
For those wondering why e-government services provider MyEG Services Bhd is not involved in the Cradle Seed Ventures Fund, it’s because its cofounder Wong Thean Soon (aka TS Wong) has a new game plan for investing in startups: He wants MyEG to have more control.
E-government services provider MY EG Services Bhd (MyEG) has launched its new automotive portal MyMotor, which it said would offer “an integrated transactional online solution” to vehicle ownership.