Eight start-up companies awarded by Cradle in first ever 'Awards and Appreciation Night'
Published 21 November, 2019
KUALA LUMPUR, Nov 21 — The first ever Cradle Startup Awards and Media Appreciation Night was held today with seven startup companies and one individual walking away as winners.
“We’ve never given our own awards so we thought we should show our appreciation to those who work hard to get their start-ups up and running.
“Over these 16 years we have helped 900 tech start-ups and have been the tech startup’s constant companion through economic downturn as well as recovery.
“This year we are celebrating those 16 years by recognising and honouring the contributions of startups, partners and the media who have helped build this ecosystem,” said Cradle Fund Sdn Bhd Group CEO Razif Abdul Aziz during the “Glitz and Rock” themed event which was held at the Le Meridien Hotel here.
Razif said from 2008 to 2016 the startup ecosystem contributed RM3.4 billion to the nation’s gross domestic product (GDP) and it’s projected to reach RM30.8 billion by 2030.
Source From Malay Mail