KUALA LUMPUR: Maxis is making its foray into venture building by taking up a significant stake in Malaysian-based education analytics platform GuruLab.
In a statement, Maxis said it is leveraging its leading network by providing tech startups and companies access to both technology and the human network to create more economic multipliers for the country.
“Becoming a corporate investor and venture builder is a stride forward for Maxis to empower local entrepreneurs and businesses that are looking to bring greater innovation in technology to the market.
"We want to play a key role in scaling as well as connecting innovators, investors and shareholders, and government, in a shared goal to accelerate national digitalisation.
"As a strong homegrown brand that is committed to investing in Malaysia, this is aligned with our purpose to bring the best of technologies to enable people and businesses to always be ahead,” said Tai Kam Leong, Maxis head of brand and marketing.
Startup GuruLab is developing a digital platform that empowers teachers to effectively provide students with personalised English education.
By applying the power of data analytics to students’ inputs, such as written work and verbal responses, GuruLab will have a detailed view of each student’s strengths and areas of improvement.
The feedback algorithm recommends the best learning materials and practices for each student, addressing the shortcomings of the ‘one-size-fits-all’ approach used by schools and tuition centres.
Maxis and GuruLab have started collaborating for the eKelas English HIP Storyfest this year.
GuruLab will be curating writing workshops and offering their tech tools for the evaluation of essays written by students.
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