Cradle, Invest India form alliance to strengthen startup ecosystems in both nations

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The story "Cradle, Invest India form alliance to strengthen startup ecosystems in both nations " was covered 2 days ago by Digital News Asia, a news publisher based in Malaysia.

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Cradle, Invest India form alliance to strengthen startup ecosystems in both nations - Digital News Asia

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Partnership aims to boost tech startup collaboration in both nations

Matchmaking programmes aim to generate US$23 mill in investments, contracts Cradle Fund Sdn.Bhd.(Cradle), the focal point agency for Malaysia’s startup ecosystem, and Invest India, an investment promotion and facilitation agency under the Government of India, have exchanged a Letter of Cooperation (LOC) to establish the India-Malaysia Startup Alliance (IMSA) through Startup India.

Norman Matthieu Vanhaecke, Group CEO of Cradle, emphasised that, "This alliance between Cradle and Invest India, a first for both countries, not only strengthens our mutual commitment but also fosters a closer, more impactful, and sustainable cross-border tech entrepreneurial synergy, driving transformative growth in India and Malaysia’s startup ecosystem,” he said.