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Top News In ஹன்வா சொத்து மேலாண்மை இணை லிமிடெட் Today - Breaking & Trending Today

Grab raises US$300mil for fintech arm from investors including Hanwha

Grab raises US$300mil for fintech arm from investors including Hanwha
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Local venture capital industry reaching an inflection point


THE venture capital industry in Malaysia is reaching an inflection point, says Singa­pore-based private-equity firm CMIA Capital Partners and Malaysia-based Bintang Capital Partners Bhd.
They see a great deal of activity in terms of demand for capital. “The challenge now is to identify suitable sources of funding for these innovative ideas and shape them into a business that can achieve significant scale and impact in the country,” they said in a joint reply to The Edge.
Pandu Sjahrir, founding partner at AC Ventures an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors concurs, noting that the local venture capital market has roughly doubled in size in the last decade in terms of capital inflows to just over US$2 billion (RM8 billion), with about half of this amount disbursed to investments. ....

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Boost from Penjana Kapital


“It was introduced as part of the government’s economic stimulus package to weather the impact of the Covid-19 pandemic, ” Tengku Zafrul said in his speech at the Penjana Kapital letter of award handover ceremony yesterday.
PETALING JAYA: The Dana Penjana Nasional (DPN) programme through Penjana Kapital Sdn Bhd will be the boost for Malaysian startups at the time of the new normal, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
“It was introduced as part of the government’s economic stimulus package to weather the impact of the Covid-19 pandemic, ” he said in his speech at the Penjana Kapital letter of award handover ceremony yesterday. ....

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