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KUALA LUMPUR: Malaysia is spearheading the establishment of the world's first Islamic Venture Capital in collaboration with the Islamic Development Bank (IDB), said Treasury Secretary-General, Tan Sri Irwan Serigar Abdullah.
SINGAPORE: Gobi Partners, one of the first Chinese venture capital firms to make inroads in South-East Asia, is looking to invest in as many as three dozen startups with a new US$14.5mil fund that will target emerging technologies.
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.