MY Digest: ScaleUp Malaysia backs 11 startups; AirAsia Money launches in Indonesia

DealStreetAsia

ScaleUp Malaysia, an accelerator that focuses exclusively on growth-stage companies, has selected 11 emerging startups for its four-month programme.

The accelerator and its partners – Quest Ventures, Indelible Ventures, and Mranti – have chosen Guruinnovtif, Open Academy, MadCash, SparexHub, VireServe, WaSushi, Howuku, Kumo, MidWest Composites, BizTech Asia, and RECQA for co-investments. Each company will receive up to $60,000.

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ScaleUp Malaysia announces 11 investments in its Cohort 3
ScaleUp Malaysia announces investments in 11 emerging startups

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