Ethis Group, Gobi Partners to launch Shariah-compliant US$20M seed fund

Quick Summary

Malaysia-based ethical investment and social finance platform operator Ethis Group has partnered with renowned VC firm Gobi Partners to launch a US$20 million Shariah-compliant seed fund.

Once launched, the joint fund will invest in Shariah-compliant startups globally with an initial geographic focus in the MENA (the Middle East and North Africa) and ASEAN regions.

Founded in 2002, Gobi Partners (dual-headquartered in Kuala Lumpur and Hong Kong) supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Topics: Malaysia Gobi Partners News Investments Ethis Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 03:27:57

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Reading Time: 3 minutes read

Article Length: 484 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 6996

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