Malaysian Venture Capital Management Bhd (MAVCAP) has taken in 10 partners to give a push to the growth of local technopreneurs under the Cradle Investment Programme (CIP), Malaysia’s first pre-seed fund.
CIP strategy and policy adviser Nazrin Hassan said that nine of the partners were local companies, which included DiGi, Sapura, Telekom and Litrak, with Oracle being the current foreign partner.
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