Winacore Capital

Winacore Capital is a venture capital investment firm based in Kuala Lumpur, Malaysia, established in 2021. The firm specializes in pre-seed and seed stage investments, primarily targeting Malaysian start-ups. Winacore Capital aims to provide both equity and debt financing to innovative ventures, supporting their growth and development in the early stages of business. By focusing on local entrepreneurs, the firm seeks to foster the Malaysian start-up ecosystem and contribute to the economic advancement of the region.

Ashwin Chockalingam

Founder and Investment Director

1 past transactions

BayaPay

Seed Round in 2022
BayaPay is a provider of fuel-fleet payment services, specializing in a smart fleet management platform designed for commercial vehicle owners. The company offers a comprehensive range of solutions, including fuel cards, corporate payment options, and services related to travel, lodging, vehicle repairs, maintenance, and insurance. Its platform aims to help businesses deter fraud, reduce costs, and streamline fleet management through secure payment methods. By utilizing a fully functional open-loop payment card, BayaPay enables clients to manage fleet-related expenses effectively, maintaining control with set limits while facilitating ease of transactions.
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