ScaleUp Malaysia, which launched on 1 Oct 2019 has announced the selection of 20 companies to be part of Round 1 of their inaugural cohort. These companies have gone through a rigorous qualification process and have been selected based on very stringent evaluation standards.
Andre Sequerah , Managing Partner of ScaleUp Malaysia says, “It was a tough choice for the ScaleUp team to make but at the end, it was a combination of innovative business models, sizeable markets and strong founders that drove our final decision.”
Sequerah highlights the diversity of the cohort, which also features several non-digital native companies, “We are also really excited to work with companies who come from very varied backgrounds – from consumer technologies to software to retail and wellness.”
The diversity of companies it has selected, instead of focusing on a few verticals as most accelerators do is also due to ScaleUp Malaysia’s focus as a growth stage accelerator.
Source from Digital News Asia