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KUALA LUMPUR (Sept 12): Malaysia Debt Ventures Bhd (MDV) and Kapital DX has partnered to improve access to fundraising and investments for technology companies.
KUALA LUMPUR: Malaysia Debt Venture Bhd (MDV) has disbursed RM40mil of its RM60mil funding target for this year, and plans to expand its financing services to support more Malaysian technology startups.
Malaysia Debt Ventures Bhd (MDV) has expanded its second tranche of RM50 million fund for the Liquidity Financing for Technology Start-Ups (LIFTS) programme to assist technology start-up companies. Chief executive officer Nizam Mohamed Nadzri said the fund was an addition to the RM50 million allocated last year for the LIFTS programme to provide cash line facilities to technology start-ups in Malaysia.