Malaysia: ADIF fund manager Intres Capital invests $2.92m across six startups

(From left) QuestMark Capital partner Amin Shafie, Intres Capital partner Kamarul Nizam Kassim, Axiata group chief of corporate Idham Nawawi, MAVCAP CEO Jamaludin Bujang and Teak Capital managing director Chok Kwee Bee.

Intres Capital Partners, the manager of the MYR100 million ($23.38 million) Axiata Digital Innovation Fund (ADIF), has committed MYR12.5 million ($2.92 million) in its first batch of investments in six digital startups.

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