Penjana Kapital
Level 11, Bangunan Setia 1 15 Lorong Dungun, Bukit Damansara, Kuala Lumpur, 50490, Malaysia
Overview
Penjana Kapital was established as part of the Malaysian government's ambition to hasten the creation of a future innovation economy. Its primary role is to stimulate the Malaysian economy by futureproofing Malaysian businesses through innovation from start-ups, funded by private capital from strategic international and private domestic investors, matched by the government, and resulting in the creation of a vibrant and sustainable venture capital ("VC") industry in Malaysia.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- iMotorbike
Participated · Series A · Jun 2023
iMotorbike operates an online marketplace that enables users to buy and sell preowned motorcycles, offering a money-back guarantee and warranties. The platform provides financing options, insurance, road tax services and publishes motorcycle news to support buyers. It has completed over 2,500 transactions with total revenue exceeding RM16 million and maintains connections with 5,000 dealers across Malaysia and Vietnam. iMotorbike currently operates 170 inspection points and offers 6-day returns, 6-month warranties and countrywide delivery. The company plans to use new capital to expand operations in Malaysia and Vietnam, open more inspection centres, and invest in technology and talent. iMotorbike aims to advance a circular economy for two-wheelers by promoting reuse of motorcycles, parts and accessories and scaling within Southeast Asia.
Team
No current team members are available.