Axiata Digital Innovation Fund (ADIF) is a technology venture fund formed by Axiata Berhad in collaboration with Malaysia Venture Capital Management Berhad and Johor Corporation for Innovative and high growth companies in early stage ( series A ).
It is open to young companies in business planning to expand their business with investment, business and technology guidance and the network of a regional telecommunication conglomerate.
Industry Areas:
E-commerce, location-based services, big data analytics, internet of things, traditional to cloud services, fintech and other innovative companies.
Eligibility:
- Digital & internet companies;
- Companies with product ready with sales traction;
- Companies raising fund for market expansion.
Investment Amount:
Up to RM12 million per company by ADIF.
Benefits:
In addition to investment, each recipient will benefit from advice and guidance from seasoned venture capitalists as well as potential access to a network of experienced entrepreneur-partners, a regional rollout over multiple telcos and access to over 320 million mobile subscribers.
Application & Enquiries:
The fund is managed by Intres Capital Partners. Further information can be obtained from:
Intres Capital Partners
Level 10, Menara Bank Pembangunan
Bandar Wawasan 1016,
Jalan Sultan Ismail
50300 Kuala Lumpur
Malaysia
Tel : +603 2050 3000
Fax : +603 2050 3800
Email: enquiries@intrescapital.com
Web: http://www.intrescapital.com/funds.html
Written by:
Ms Wee Hui Bieh, AFMSA, Sept. 2018
Information Source:
Intres Capital Partners
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