Malaysia’s Zoom eyes overseas expansion, expects to close Series A in 12 months


Zoom founder Jeevan Kumar shares with DEALSTREETASIA his company’s expansion and fundraising plans as well as his advice to budding startups looking to secure funding from investors.

Malaysia: PRG Healthcare to acquire Roopi Medical Centre for $4.6m

The proposed acquisition involves the entire equity interest in RMC and two properties located in Kuala Lumpur

Malaysia’s PNB, EPF to acquire London’s Battersea building for $2.2b

Both PNB and EPF, directly and indirectly, already own 70% of the Battersea Power Station project.

ASEAN live streaming platform SportsFix secures $1m from Mayfair 101

Boutique international investment group Mayfair 101 has invested $1 million in Malaysia-based SportsFix, a live streaming sports platform for the ASEAN region. This initial financing round will fund the expansion of its business operations and services to Indonesia, Thailand and other ASEAN markets in the coming months. Headquartered in Kuala Lumpur,… Read more »

Malaysia state investor Khazanah raises $320.8m in exchangeable sukuk

The sukuk will be listed on the Singapore Exchange Securities Trading Limited, Labuan International Financial Exchange Inc and Bursa Malaysia.

Malaysia state fund Ekuinas sells Tenby Education to International Schools Partnership

The sale, which followed the disposal of its interest in APIIT Education Group recently, marks Ekuinas’ eighth divestment.

Malaysian startup Zoom raises $1m in Gobi Partners-led pre-Series A

The latest funding round was joined by Cana Asia Limited, Spiral Ventures, and Cradle Fund.

CMS Opus Private Equity rebrands as COPE Private Equity

Malaysia-headquarted CMS Opus Private Equity Monday said it had rebranded to COPE Private Equity, and added that as it prepares for ‘next chapter of growth’, the name change would represent a ‘fresh identity and perspective’. Established in 2005, COPE Private Equity said it has assets under management (AuM) of over… Read more »

Malaysia’s Top Glove acquires Adventa Capital unit Aspion for $345m

The acquisition of Aspion makes Top Glove one of the world’s largest surgical glove manufacturers.

Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE

The proposed acquisition would give BM Mobility the Malaysian dealership rights for the car sharing business.