Cradle Fund to focus on co-partnership investments as part of its new business model

Cradle Fund chief executive officer Nazrin Hassan speaks on the government’s intention to gradually reduce grant funding over the next five years. Cradle Fund has just brought in four new partners to its equity co-investment circle. The four equity co-investment partners – Senior Marketing Systems Asia Pte Ltd (SMS Asia),
East Ventures SEA 2, MOC Capital Bhd (MOCC), Qeerad Holdings – have each agreed to take part to fund MAlaysia technology-based start-ups in a one-to-one equity co-investment exercise with Cradle. The investments will go up to RM500,000.

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