The Retirement Fund Inc or better known as KWAP has invested RM219mil for an undisclosed minority stake in Cyan Renewables, Asia’s largest owner and...
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Maroc - THECEKODOK.COM - A La Une - 04/Sep 12:55
Bateriku Receives Fund Injection Totaling RM34.7 Million
Bateriku, one of the local companies that focuses on roadside assistance for vehicles - especially involving battery problems, today announced that it has received a new funding injection amounting to RM34.7 million.This injection of funds is expected to be used in continuing to grow the company, including expanding its offerings to cover the automotive ecosystem – and not limited to battery replacement offerings only. Bateriku aims to integrate with workshops, in addition to focusing on the sale of automotive products through Bateriku Bazaar.The injection of funds received in the 10th year of operation is also expected to be used in expanding the offering to countries near Malaysia, such as Indonesia and Singapore.This new fund injection was joined by KWAP, Gobi Partners, and Venture Tech.
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