Cult Creative secures US7,500 seed funding from The Hive Southeast Asia to develop its creator collaboration platform

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New business model aims to revolutionise the creator collaboration landscape
Claims to have calidated creator model with over $60,200 in payments over 12 months

Cult Creative, a Malaysian creator economy company bridging the gap between nano and micro creators, announced US$107,500 (RM500,000) in seed funding from The Hive Southeast Asia. This investment follows…Continue Reading

Hitachi court petition to wind up Fusionex, reveal grim picture of alleged unethical and irresponsible conduct by Ivan Teh and his senior leadership

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Great depth of detail of all irregularities and alleged wrongdoings
Suspicious transactions to V-Circle, Convedge for ‘development costs’

Despite it being the Christmas/year-end period when many corporate leaders take a break, tech CEOs, some as far away as in Chile, bombarded me with questions when Malaysian business weekly, The Edge, broke the story on…Continue Reading

East Ventures consistently races in the perfect storm: 2023 recap & 2024 outlook

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90% of growth-stage startups: 30% on path to profitability, 60% profitable & 10% adapting
Anticipate SEA digital economy is well-positioned to excel in the next economic recovery cycle

The tech industry weathered an intense “perfect storm” of crises these past two years. The global economy is in a complex state characterised by uncertainty, making caution…Continue Reading

Khazanah Nasional, CGC Digital invest in Singapore’s Funding Societies to broaden financing access to MSMEs

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aims to increase protection to regions besides KL, Selangor, Penang, and Johor.Give energy development more cash flow management options over time.Funding Societies | Modalku, the largest integrated small and medium business modern financing platform in Southeast Asia, has been invested in by Khazanah Nasional Bhd and CGC Digital Sdn Bhd in…Continue Reading

APU wins Shell Selamat Sampai Varsity Challenge 2023

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The project aims to improve motorcycle safety and solve serious traffic safety concerns.In a contest that is dominated by people universities, win marks the first for the private university.The Shell Selamat Sampai Varsity Challenge, a road safety program for students pursuing primary schooling, came to an end on December 7, 2023,…Continue Reading

In boost to investor confidence of social enterprises, Accelerate Global initiates buy back exercise at 20% premium

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Build track record as purpose driven, investor friendly social enterprise
Gearing up for next fundraising focusing on infra, community, human capital

Ending 2023 on a high note, youth-led social enterprise Accelerate Global Sdn Bhd, which in Nov 2021 raised US$102,400 (RM470,000) from 69 investors via equity crowdfunding with Ethis Malaysia, stayed true to…Continue Reading

Asean Battle of Hackers 2023: Highlights and cybersecurity achievements

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409 participants, forming 141 teams from 29 universities, participated in the event
APU teams secured the championship & 2nd runner-up positions in the local category

The ASEAN Battle of Hackers (ABOH) 2023, a leading cybersecurity competition held on December 2, 2023, garnered interest with its innovative approach and international appeal. The event highlighted…Continue Reading

FIKRA ACE Accelerator 2023 picks Global Psytech and Pewarisan as winners

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Opportunity for cohort to run Proof-of-Concept projects with industry partners
Fikra Ace lays foundation for future innovation & collaboration in Islamic finance

FIKRA ACE, an extension of the Securities Commission Malaysia’s (SC) Islamic Capital Market (ICM) ecosystem efforts since 2021, is dedicated to advancing Islamic fintech through systematic approaches by identifying innovative fintech companies, supporting…Continue Reading