venture debt
Penjana Kapital launches RFP for US$290mil Dana Penjana Nasional fund
6 fund managers to be chosen, investing in four growth stages
Prior track record required, demonstrate fundraising abilities
On Fri, Sept 11, Penjana Kapital Sdn Bhd released a Request for Proposal (RFP) process for the Dana Penjana Nasional fund of funds programme, to select venture capital fund managers.
Venture debt firm InnoVen Capital in deals with KFit and Pomelo Fashion
UOB and Temasek joint venture InnoVen Capital said it has signed two venture debt financing agreements with two startups: Malaysian fitness-sharing platform KFit and Thai online fashion startup Pomelo Fashion.
DBS launches venture debt for tech startups in Singapore
DBS Bank has launched a programme to provide financing to tech startups, although it did not state how much capital is being set aside for this venture debt initiative.
MDV to expand reach into new, emerging tech sectors
Now that Malaysian Debt Venture is into its second decade, its CEO Zubir Ansori Yahaya talks about the new direction he wants to take, and the RM40mil fund he aims to launch in 2014.
