MY: Fintech startup Jirnexu raises $2m in pre-Series B round led by SBI Group

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The startup closed a $3 million series A funding in March this year

Exclusive: Axiata’s digital VC arm to launch $15m Sri Lanka fund in December

In March this year, ADIF had launched the $5 million Cambodia micro VC fund.


Mountain Partners launches $100m fund for SE Asian startups, sets up Malaysia hub

Leonie Hill Capital and Japan-based IP Bridge have partnered to see Malaysia as the home ground for venture building.


Malaysia offers ‘test-bed’ for startups seeking to scale: MDEC

MDEC is onboarding 1,500 Malaysian SMEs onto the Alibaba platform to help them expand in China


Exclusive: Malaysia’s Cradle Seed Ventures set to launch $20m second fund

The VC firm’s first fund of MYR40 million is currently 70% deployed.


Petronas’ Canadian unit looks to sell oil and gas asset in Alberta

The sale would allow Progress to focus on future investments in its North Montney assets in Canada’s province of British Columbia.


Malaysian pension giants pursue talks to buy stakes in foreign-owned insurers

Employees Provident Fund and KWAP have requested central bank approval to start deal negotiations with potential targets.


Fatfish-backed Singapore IT solutions company Cloudaron lists in Malaysia

The listing is also the first on Bursa Malaysia’s LEAP Market by a startup,


ASX-listed iSelect invests $4.15m in Malaysia’s iMoney for majority stake

Following the transaction, iSelect is also looking to invest $4 million in new capital into iMoney


DSA Summit: Malaysia VC-startup players upbeat about more capital inflows in 2018

If we look at tech IPO exits in SEA market in last 15 years, out of 14 companies, seven were from Malaysia.