KWAP pumps RM100mil into startups, VC funds
PETALING JAYA: Retirement Fund Inc (KWAP) is investing a total of RM100mil in two Malaysian startups and two venture capital (VC) funds as part of its investments under its Dana Perintis strategy.

The retirement fund invested an undisclosed monies into startups Bateriku (M) Sdn Bhd and Lapasar Sdn Bhd to support their growth and expansion plans, KWAP said in a statement.
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Retirement Fund Inc (KWAP) is investing a total of RM100mil in two Malaysian startups and two venture capital (VC) funds as part of its investments under its Dana Perintis strategy.