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Malaysia’s pension fund, Kumpulan Wang Persaraan (KWAP), has launched “Dana Perintis”, a new fund aimed at injecting vitality into Malaysia’s venture and start-up ecosystem. Over the next 18 to 24 months, KWAP has committed up to RM500 million to empower its early-stage companies, drive innovation
KUALA LUMPUR, Sept 21 Kumpulan Wang Persaraan (Diperbadankan) (KWAP) will invest up to RM500 million over the next 18 to 24 months into the newly launched fund called Dana.