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 offers a smart fuel‑fleet payment and management platform for commercial vehicle operators. The service provides an open‑loop payment card that enables secure, limit‑controlled transactions for fuel, travel, lodging, vehicle repairs, maintenance, insurance, and road tax. The platform helps fleet owners detect fraud, reduce costs, and digitize expense management, giving them comprehensive control over all fleet‑related expenditures.
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