Malaysia’s 2024 Budget has handed to Khazanah the government’s venture capital agencies Penjana Kapital and Malaysia Venture Capital Management (MAVCAP) in a bid to nurture the country’s startup ecosystem, in a further evolution of the sovereign wealth fund’s mandate.Alongside government-linked companies (GLCs) and government-linked investment companies (GLICs ), Khazanah is...
Malaysia’s 2024 Budget has handed to Khazanah the government’s venture capital agencies Penjana Kapital and Malaysia Venture Capital Management (MAVCAP) in a bid to nurture the country’s startup ecosystem, in a further evolution of the sovereign wealth fund’s mandate.Alongside government-linked companies (GLCs) and government-linked investment companies (GLICs ), Khazanah is...