Providing support in uncertain times

Malaysia Venture Capital Management Bhd (Mavcap) chief executive officer Shahril Anas notes that startups are also in need of support during this time.

THE past year has been a struggle, not only for companies. While firms of various sizes and structures cope with the challenges brought on by the pandemic, their investors have been similarly kept on their toes.

No doubt, tech startups have an advantage in the current market given their digital nature, however, it has not always been smooth-sailing for them as the turn of events has been mostly unprecedented. Many are also faced with funding issues and have had to adjust their operations and beef up their capabilities to hold the fort.