Exit
ACE listed Systech acquires Wilstech, giving 3X return to ECF investors
3rd ECF exit for Ata Plus after Skolafund 2019 & Greenpro AI Accounting 2021
US$15m acquisition consists of US$4.2m cash and US$11.6m in shares of Systech
OSK Ventures International charts US$6.5m income amidst a challenging 2023 for private equity
Delivered y-o-y income growth of 32%, PAT of US$5.04mil
Five new transactions into its investment portfolio, exited one company
Digerati50: Aaron Sarma shines brightest
Successful exit now followed with active role in Malaysia’s startup ecosystem
Credits MDEC & Cradle Fund for critical support during entrepreneurial journey
Aaron Sarma exits AirAsia.com, mulls greater ecosystem role
Credits Malaysian ecosystem as instrumental in helping Vidi scale
Looks forward to serving nation and giving back in time to come
Grab beats Uber, goes up against Alibaba & SEA Group in next battle
After 4 years of fierce battle with Uber, Grab takes over its assets and now gears up for its next battle in Southeast Asia.
New US$238mil fund for tech companies in Malaysia, strengthens ecosystem
Malaysian tech ecosystem welcomes a new US$238mil fund from Malaysian Debt Ventures.
KWAP’s yield search ends with taxi wait
KWAP has travelled up the risk curve in its search for yield with a US$30 million investment in Uber. But it’s far from a shoo-in, thanks to bubble-like valuations at the ride-hailing giant and an IPO market that may not have the ammo – or temperament – for a unicorn this size.
Fatfish exits from Australian tech firm Nvoi after ASX listing
Fatfish Internet Group has exited from digital staffing platform Nvoi Ltd, in which it made an early investment, after the latter successfully listed on the ASX via a reverse takeover of Orrex Resources Ltd.
Week in Review: More moolah for SEA startups, and Digerati50 2.0 is up!
A new US$30mil venture fund targeting early stage startups is sure to warm the hearts of founders, while Karamjit Singh is also proud to announce the second volume of Digerati50 is available for download.
Tune Studios & BAC Ventures acquire Gigfairy
Tune Studios and BAC Ventures have completed the acquisition of Malaysian live music booking startup Gigfairy for an undisclosed amount.
