PIKOM SEA Dragon Venture Platform to Connect Global Investors with Scale Ups from Malaysia and Beyond

Kuala Lumpur, 11 May 2018: The National ICT Association of Malaysia (PIKOM) unveiled its inaugural SEA Dragon Venture Platform, aimed at connecting scale up companies in Malaysia and across the South East Asia region with global venture capitalists, corporate investors and high net-worth individuals.
PIKOM Chairman Ganesh Kumar Bangah said that the association’s latest industry initiative stems from the fact that lack of funding and lack of public exposure are some of the biggest hurdles faced by companies in the scaleup stage.
“It’s a chicken and egg situation where on one side investors want to see results and on the other side, these companies need investment to be able to show tangible results,” said Ganesh at a press conference held after the launch of the PIKOM SEA Dragon Venture Platform.
“Through this platform, we could be looking at some of these companies receiving funding of up to USD25 million in this platform,” said Ganesh.