Good opportunity: Tsao (left) and Jamaludin at the interview. Jamaludin says companies must have scalable products and economical business plans to be eligible for the fund.
KUALA LUMPUR: Malaysia Venture Capital Management Bhd (Mavcap) has tied up with China-based Gobi Partners in a US$50mil (RM212mil) deal to launch a new fund to assist start-up companies in South-East Asia and China.
As Malaysia’s largest venture capital (VC) company, Mavcap makes direct investments with a fund size ranging from RM1mil to RM20mil and participates actively in the management and operations of start-ups.
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