Sunway Group, Kejora Capital launch fund


PETALING JAYA: Sunway Group, one of Malaysia’s largest conglomerates, and Kejora Capital a leading venture capital firm from Indonesia, has launched Orbit Malaysia – a US$25mil (RM104mil) fund.

The fund will also see participation from Malaysia Venture Capital Management Berhad (Mavcap) as anchor investor and will invest in early-stage startups in Malaysia and South-East Asia, the parties said in a statement yesterday.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sunway , Kejora Capital ,

Next In Business News

Not so hot for petrochem
Bumps in Perodua’s EV march
TMK Chemical resolute in meeting targets
Top-tier mix for Topmix
Unlocking abandoned projects�
PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
URA: Why it deserves support
Flooring to beat Malaysia’s heat

Others Also Read