Author: Karamjit Singh

Budget 2022: Decent, But Not Transformative For Malaysia
No big bang announcements to get ecosystem players excited and abuzz Cradle to be central agency for startups, hub to facilitate cooperation [Article updated with comments from CapBay.]
Covid-19 the trigger for Poladrone’s funding, with demand going through the roof says founder Cheong Jin Xi
Wavemaker Partners was top preference as it knew space Poladrone was in Took in 4 strategic angels for regional market access, strengthening global supply chain
Surina Shukri - the bold move that failed
Karamjit Singh reflects back on the bold move to appoint Surina Shukri in Jan 2019, a total stranger to the Malaysian tech ecosystem, as CEO of MDEC and what is expected of Mahadhir Aziz who clocks in On Sept 1 as the new CEO.
Rickson Goh shows how you deal with a pandemic
Tourplus CEO embodies founder hustle, with keen eye for opportunity Founders have the highest responsibility, must exude optimism & hope
Scaleup Malaysia calls for submissions for its 3rd cohort
Cohort 1 has seen 4.2x increase in valuation for the 10 companies MaGIC joins as program partner, US-based VC firm joins as well [Article edited for clarity and additional information.]
HSBC Malaysia’s Digital Black Belt builds its future-ready workforce
Encourage staff to innovate, apply digital lens to find new opportunities US$40mil investment from 2021-’23 for branches digital upgrade
Decisive board action needed at MDEC as speculation intensifies about CEO’s tenure
Rising speculation becoming a distraction, affecting morale Uncertainty is hurting MDEC’s reputation as tip of the spear
Malaysia's Carsome to buy iCar Asia in US$200mil deal that will create largest used car digital automotive marketplace in SEA
Malaysian-based Southeast Asian used-car e-commerce platform has cemented its position as a leading player in the region with its proposed US$200mil acquisition of iCar Asia, an ASX listed Southeast Asian focused car listing platform.
AirAsia’s US$50mil Gojek Thailand acquisition hints at deeper ties to come with Gojek
AirAsia’s stronger market presence in Thailand makes deal a natural fit Strong presence in Malaysia, Philippines as well where Gojek is not in
Malaysia gets cracking with its 5G rollout
Ericsson starts work on building Phase 1A with 500 sites Single vendor choice persuaded by pricing, higher commitments
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Digerati50 2020-2021

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