- 8 months ago
Malaysia Debt Ventures (MDV) has disbursed more than RM11 billion in financing to more than 680 technology companies since its inception in 2012. Its latest fund of RM1 billion will focus on technology-based companies that are in early stages of growth and development. This is in stark contrast to MDV’s previous funds that were catered to developed, mature and revenue-stage companies that have clear and strong credit profiles.
Why venture into a riskier area? Are they not concern if these companies do not see profits fast enough?
MDV Managing Director and CEO Datuk Md Zubir Ansori Yahaya believes in thinking big rather than to focus on fast profits. He also shares his observation of the challenges in the tech start up industry and where is the funding gap here.