Hibiscus Fund for native tech start-ups

KUALA LUMPUR: Enterprise capital agency RHL Ventures Sdn Bhd (RHL) goals to completely distribute the Hibiscus Fund which is predicted to shut at round RM300mil this yr, half of which to be put aside for Malaysian technology-linked start-ups.

RHL co-founder and managing accomplice Rachel Lau mentioned Malaysia is seen to be an interesting market when it comes to dangers and rewards.

Lau mentioned since its inception in 2016, RHL has been specializing in the South-East Asian know-how area. — Bernama


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