Malaysia’s Mavcap partners China’s Gobi for $50m fund, focuses on SEA, China

In a DSA file photograph, Mavcap chairman Rahim Hamid, Axiata chairman Azman Mokhtar, Mavcap CEO Jamaludin Bujang, Prime Minister Mohd Najib Abdul Razak, Axiata president and group CEO Jamaludin Ibrahim

Malaysia Venture Capital Management Berhad (Mavcap) has partnered China’s Gobi Partners to launch a fund of $50 million to invest in startups across Southeast Asia and China.

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