Ecosystem Roundup: MDEC unveils US$45M investment initiative | NUS, NTU to launch US$37.8M incubation programme | Bukalapak plans job cuts

Quick Summary:

Dear reader, Malaysia’s digital transformation takes a significant leap forward with MDEC’s newly forged partnerships with Singapore’s Ascent and Indonesia’s Central Capital Ventura (CCV).

These MoUs bring a combined capital investment of US$45 million, targeting growth for Malaysian startups in key sectors such as fintech, AI, and sustainable agriculture.

The investors are DIGITAL HEARTS HOLDINGS and GREE Ventures; PARAVOX is currently in Global Open Alpha and claims to have clocked over 100,000 downloads on the Epic Games Store.Finfra secures US$2.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: SingaporeCubaIndonesiaMalaysiaPhilippines

Topics: Bukalapak Ascent MDEC GoTo Group Measurable.energy BuzzAR News PangoCDP Investments E27 Pro 81RAVENS Finfra Coolmate CCV

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 06:00:02 (5 days ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 1084 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 23440983

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 9 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 10 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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Publisher ID: #10

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