MY EG, Cradle Fund plan RM60m Cradle Seed Ventures fund


KUALA LUMPUR: Cradle Fund Sdn Bhd is teaming up with My E.G. Services Bhd to invest in a fund to provide venture capital to early stage start-ups.

The companies signed an MoU on Wednesday where Cradle Fund would invest RM40mil and My EG RM20mil to set up Cradle Seed Ventures Fund 1.

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