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KUALA LUMPUR: Cradle Fund Sdn Bhd (Cradle) is looking to secure 30 seed deals and between 80-100 pre-seed deals next year.
KUALA LUMPUR: Cradle Fund Sdn Bhd’s unit, Cradle Seed Ventures Pte Ltd (CSV), has invested millions of US dollars into Involve Asia Technologies Sdn Bhd (IAT), an e-commerce marketing platform.
PETALING JAYA: The government is likely to reorganise the various funds that were set up to venture into businesses related to the new economy, following their below par performance. This came about after it was discovered that some of the funds were not able to pay back the amounts due to the government, even after many years of restructuring efforts.
KUALA LUMPUR: My EG Services Bhd (MyEG) has aborted two proposed joint-venture (JV) projects -- one to set up a fund to invest in technology start-ups and the other to introduce e-Government services in Kazakhstan.