Digi, Malaysian telco announces plan to fund three local startups

Malaysia-based Digi Telecommunications Sdn Bhd (Digi) today announced it will be investing more than RM250,000 (US$61,880) in equity funding in GrabGas, Local Usher and Vase.

Last Friday, the three startups graduated from the company’s maiden accelerator programme, Digi Accelerate. The programme closed with a Demo Day held in Bangkok, which saw the startups join teams from Myanmar and Thailand in a competitive pitch session to 65 local and international venture capitalists.

Dayana Sobri , e27, 22 Aug, 2016