Accelerators & Incubators
Policy & Regulation
Malaysia’s GoGet Bags Series A Investment from Monk’s Hill Ventures
GoGet serves as an online marketplace, connecting people who need help to run errands with part-timers who have the time to do them.
iMedia Buys Controlling Stake in Goody25's Malaysian Parent
Goody25 is a Chinese language social news media and content portal that primarily focuses on the latest news and trendiest stories on lifestyle, fashion, art, entertainment, travel, and food.
JomParkir Secures Series A to Provide Smart Parking Solutions in Malaysia
Currently, JomParkir has over 400,000 registered users on its app. It has over 20 sites nationwide and two sites globally — in Saudi Arabia and Sri Lanka.
Malaysian BigBrainBank Raises 7-Figure Seed Funding to Allow People to Make Investments with Minimal Financial Knowledge
Its boasts of a feature that notifies users on what to trade and when to trade based on historical data that it claims to have more than 65 per cent accuracy.
Best And Alibaba’s Cainiao to Streamline Logistics Services between China And Malaysia
The service will streamline cross-border e-commerce and shorten shipping durations, allowing Malaysian consumers to receive parcels as soon as the next day upon customs clearance in Malaysia.
MyMy Raises US$2.4M with An Aim to Become The First Shariah-Compliant Digital Bank in Malaysia
The fresh capital will be used to introduce new digital financial services to its users, including dividend pay-outs, digital accounts, e-wallets and multi-currency solutions.
Malaysia's iPrice Adds More Funding into Series B to Accelerate Growth in Philippines
iPrice has already secured partnerships with local companies such as RewardsMart and Summit Media’s online domain PEP.ph. It plans to explore more opportunities across the Gokongwei Group of Companies.
Gobi Partners to Invest $24m Over Next 3 Years in Malaysian Startup Ecosystem
The Shanghai and Kuala Lumpur-headquartered firm is looking at sectors such as agritech, artificial intelligence, circular economy, logistics and Taqwatech (Muslim-focused tech).
Malaysia's Rev Asia to Acquire iMedia in All Stock Deal
According to a statement from Rev Asia, iMedia is expected to make over US$724,000 (RM3 million) in net profit after tax in 2021, which would see a total acquisition price of US$9.7 million (RM40 million) if the net profit is achieved.
Malaysia's JurisTech Acquires Financial Products Comparison Platform iMoney
The acquisition will allow both companies to fuel growth through enriching customer experience and deepening the relationship with their financial institution partners.
Malaysia's Dropee Raises US$1.3M from Y Combinator, Others
With the newly injected capital, Dropee plans to fully assist and automate the on-boarding process for these wholesale businesses.
Tencent Confirms Buying Ailing Malaysian Streaming Platform iflix
iflix had raised over $360 million from investors including Fidelity International, Hearst Communications, EDBI and Liberty Global before.
Malaysian Fintech Startup Curlec Raises Funding from 500 Startups
With its technologies, Curlec aims to offer easier debit access to small- and medium-sized enterprises in Malaysia
Malaysia to Set up $281m National Stimulation Fund, to Work with Global VCs
The move forms part of the so-called Short-Term Economic Recovery Plan announced by the Prime Minister Muhyiddin Yassin on Friday.
Malaysia-based Startups PolicyStreet Raises US$1.8M from KK Fund, Spiral Ventures to Grow Its Millennial-Centred Insurance Platform
PolicyStreet allows customers to buy insurance policies directly from its platform.
Malaysian Digital Health App Naluri Banks $1.1m in Pre-Series A Money
It plans to use the fresh capital to extend its runway to at least 12 to 15 months as it gears up for its series A round.
Malaysian startup investment firm NEXEA kickstarts programme for local startups
Through this, startups will explore pilot projects with different organisations, validate business and explore real-world product testing.
Malaysia’s iPrice Group raises $10m Series B led by ACA Investments
iPrice Group seeks to expand beyond price comparison, its mainstay since its inception in 2014.
Y Combinator-backed food delivery startup Dahmakan raises $18m series B
This brings their total funding close to US$28 million.
Malaysia’s Prime Minister Mahathir Mohamad submits resignation to the king
Malaysia’s Prime Minister Mahathir Mohamad has submitted his resignation to the king, according to the prime minister’s office.
Volanews 2018–2019 Guangzhou Vola Information Technology Co., Ltd. All rights reserved.