Malaysia a fertile ground for fresh ideas, says ACV

Among notable unicorns that have taken off from Malaysia are Grab, MyEG, iProperty and JobStreet.
PETALING JAYA: Malaysia is growing in its stature in becoming a key destination in Asean for being a successful breeding ground for startups which have grown in leaps and bounds.
Among notable unicorns that have taken off from Malaysia are Grab, MyEG, iProperty and JobStreet.
Indonesia-based AC Ventures Malaysia (ACV), which is one of the Venture Capital (VC) managers of the Dana Penjana Nasional programme (DPN), said Malaysia has the unique proposition of a market that encourages rapid deployment of new ideas and technology.
“Be it the availability of unique talent, industrial openness or developed infrastructure – Malaysia provides a fertile ground for fresh ideas to be tested and developed into wide-spread use, ” ACV said.

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