Portfolio News

CapBay Celebrates Over RM1 Billion Funding Milestone for Underserved SMEs

KUALA LUMPUR: CapBay, a leading fintech startup in Malaysia, has achieved a remarkable milestone by providing over RM1 billion in funding to more than 400 underserved small and medium enterprises (SMEs). This achievement has been made possible through successful financing via 7,600 investment notes, showcasing the company’s unwavering commitment to empowering SMEs and offering attractive […]
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Revolutionising car insurance in Malaysia: CARSOME and PolicyStreet launch Care+

PolicyStreet and CARSOME, two innovative companies in the insurance and car e-commerce sectors respectively, have joined forces to introduce CARSOME Care+. This groundbreaking Car Personal Accident Coverage is specifically designed for Malaysians. CARSOME Care+ offers a range of unique benefits, including protection against unemployment, guaranteeing free car loan payments in the event of job loss. […]
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Policy Street and CapBay listed as top 10 most successful Malaysian fintech

Malaysia stands as a highly developed nation in Southeast Asia, characterized by a thriving economy and a population well-versed in technology. Over the past few years, the fintech sector in the country has experienced significant growth, giving rise to a multitude of inventive fintech companies. These companies have introduced solutions tailored to diverse financial needs […]
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PolicyStreet Raises RM67 Million Series B Led by Khazanah to Serve the Underinsured

In less than two years following its successful Series A fundraising round, insurtech startup PolicyStreet has recently obtained a substantial amount of US$15.4 million (equivalent to RM67 million) in its series B funding led by Khazanah. Dana Impak, a key component of Khazanah’s Advancing Malaysia strategy, is an allocation of RM6 billion spanning five years. […]
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Long-stay rental solutions company LiveIn acquires KT Management in Malaysia

The merger aims to provide LiveIn’s community living solutions and a better O2O experience for KT Management’s thousands of tenants LiveIn, which provides “affordable” long-stay rental solutions in Malaysia and Thailand, has acquired KT Management, a student accommodation and long-term rental solutions provider in Malaysia’s northern region. The details of the transaction haven’t been disclosed. […]
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Venteny raises $21m via Indonesia IPO

Indonesia-based Venteny Fortuna International officially listed on the Indonesian stock exchange on Thursday. The firm, which provides growth funding and human resource services, went public under the ticker symbol VTNY. Venteny offered around 930 million shares – representing 15% of its enlarged share pool – at a price of 360 rupiah (US$0.023) apiece. The company raised US$21 […]
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FishLog raises US$3.5M to empower cold storage warehouses in Indonesia to improve utility

FishLog connects cold storage warehouses with more fishermen and buyers and streamlines the seafood supply chain across stakeholders. (L-R) FishLog Co-Founders Abdul Halim (CBDO), Bayu Anggara (CEO), and Reza Fahlepi (CCO) FishLog, an ecosystem enabler for the fisheries cold chain industry in Indonesia, has closed its US$3.5 million pre-Series A round from BRI Ventures, Accel, […]
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AUTOPAIR raises Series A capital worth over 70 million baht From Mitsubishi Corporation

By Techsauce Team AUTOPAIR enters its fifth year, reinforcing its success, raising over 70 million baht in Series A funding. Mitsubishi Corporation transforms Thailand’s automotive parts and parts industry Auto Pair (AUTOPAIR) is a software solutions company. Online auto parts ordering system Comprehensive auto repair management system and warehouse management system for automotive parts dealers […]
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SAP SuccessFactors endorses JobHopin – a powerful AI recruitment solution from Vietnam

See the official press release from SAP here. Check out JobAI-lysis on the SAP App center! SAP SuccessFactors has announced the latest addition to its cloud-based solution for human experience management (HXM). Provided by Vietnam-based startup JobHopin, this extension is expected to greatly enhance companies’ recruitment efficiency. As the economy recovers from the COVID blast, […]
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