Malaysia Digital Economy Corporation

Malaysia Digital Economy Corporation (MDeC), established in 1996, oversees the development of MSC Malaysia and advises the Malaysian Government on legislation and policies in the ICT sector. MSC Malaysia focuses on nurturing SMEs to become world-class businesses and attracting global ICT companies to invest in Malaysia. MDeC also leads Digital Malaysia, a program aimed at creating a developed digital economy by 2020. With over 3,000 MSC Malaysia Status companies employing over 140,000 people, the initiative has significantly boosted the Malaysian ICT industry, technology adoption, and economic impact. By offering economic incentives and protecting intellectual property, Malaysia has become a preferred ICT investment hub. Through strategic initiatives, MDeC aims to connect communities globally, enhance business productivity, and improve living standards, positioning Malaysia as a key player in the digital economy.

Alan Chang

MDEC Talent Expert Network Panel

8 past transactions

Acxyn

Grant in 2023
Acxyn is a developer of a Web3 platform focused on empowering game developers by providing them with a robust rewards system and no-code tools that deliver essential insights. The company aims to address the economic challenges faced by the gaming industry by facilitating the transition to decentralized web technologies. Acxyn's platform enables game developers to unlock new revenue streams and enhance the visibility of their intellectual properties. By fostering a sustainable economic model, Acxyn supports game developers in maximizing their potential and building engaged communities around their games. Through its innovative solutions, Acxyn seeks to create a lasting impact on the design and valuation of games in the evolving Web3 landscape.

WIPDATA

Seed Round in 2023
WipData is a data centric consulting firm that serves a broad mix of private, public and social sector institutions. We help our clients make significant and lasting improvements to their performance by embracing the use of data driven decision

WIPDATA

Seed Round in 2022
WipData is a data centric consulting firm that serves a broad mix of private, public and social sector institutions. We help our clients make significant and lasting improvements to their performance by embracing the use of data driven decision

du-it

Debt Financing in 2022
du-it is a Fintech company that specializes in providing innovative payment solutions for businesses and consumers through a "Buy Now, Pay Later" model. The company has developed a consumer payment platform that enables users to split their purchases into interest-free installments. Its omnichannel platform facilitates seamless transactions, allowing customers to checkout by scanning QR codes in physical stores or making payments on e-commerce websites. Additionally, du-it offers a mobile application that helps users track their monthly spending, delivering flexible payment options designed to accommodate various budgets.

FLEXIROAM

Grant in 2014
Flexiroam Limited is a mobile data operator based in Petaling Jaya, Malaysia, that specializes in providing voice and data roaming services to travelers across multiple continents, including Africa, Asia, Europe, North America, South America, Oceania, and Antarctica. The company offers a range of products designed to enhance connectivity for both individual travelers and enterprises. Its flagship product, Flexiroam X, is an app that facilitates data connectivity while traveling, allowing users to make and receive unlimited international roaming calls. FLEXI+ provides data backing services tailored for businesses, while XACE offers programmable data connectivity solutions for Internet of Things applications and SuperApps. Flexiroam has established a partnership with Mastercard to further enhance its service offerings. Founded in 2010, the company continues to focus on innovative solutions to meet the growing demands of global travelers.

Hezmedia Interactive

Seed Round in 2009
Hezmedia is a Malaysian-based edutainment game company focusing on developing high quality and educational games for childrens in the digital age. Hezmedia’s current flagship product is a Massively Multiplayer Online Games (MMOG)-based learning for kids called Math Quest to let them learn and explore Mathematics in an engaging and vast virtual world. : www.math-quest.com Hezmedia also develop games for edutainment portals, advergames, social games and MMOs for local and international clients.

AugmentWare

Grant in 2009
AugmentWare specializes in customized software development and workflow automation solutions. The company's main strength lies in developing very customized software for the manufacturing industry, specifically for tracking and mobile applications that are integrated into enterprise systems. However, based on AugmentWare's experience, the company is now moving towards developing a flagship product called "AugmentWare WorkFlow" that comes as an off-the-shelf package which automates any kind of business process or workflow in any industry with minimal customizations. The product, "AugmentWare WorkFlow", will be due for launch by the fourth quarter of 2009.
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