VC

East Ventures closes oversubscribed sixth fund at US$75mil
Cements commitment to support the Southeast Asian startup ecosystem, particularly Indonesia.
MESTECC pushes for US$4.85m corporate tax incentive to be introduced before year end
Designed to encourage corporates to invest in VCs targeting Malaysian startups Cabinet paper to be tabled in 2-weeks on restructuring of agencies & funds under Mestecc
New appointments to the Malaysian Venture Capital and Private Equity Development Council
Provides vision and direction, advises the government and facilitates greater coordination of strategies for the development of the VC and private equity PE industry.
MaGIC appoints seasoned VC, Dzuleira Abu Bakar, as new CEO
It has taken four months but the Malaysian Ministry of Entrepreneur Development (MED) has finally picked Dzuleira Abu Bakar who was running Cradle Seed Ventures as its new MaGIC CEO.
Gobi Partners appoints former Mavcap CEO as managing director for Asean
Jamaludin Bujang helped Mavcap create, manage, and participate in nine funds with a combined size of up to US$8490 million since 2014.
Hack to win RM15,000 and a job with Hong Leong Bank
Seeks fit-for-hire participants with a knack for digital innovation and curiosity in understanding the customer journey.
Thailand's Sunday raises US$10mil in Series A funding
Round is led by Vertex Ventures SEA and India.
The Securities Commission’s puzzling VC ecosystem study
Rehashed recommendations that ecosystem players are well aware of Should push through announced US$490mil co-investment with private VC funds
SC reviews recommendations to drive venture capital ecosystem
Institute for Capital Market Research recommendations aim to spur further growth and drive greater synergies.
Golden Gate Ventures to invest US$18mil into Malaysian based startups, open KL office
VC firm launches local  office to help fuel innovation in the tech startup sector.
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Digerati50 2018-2019

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