Startup & Entrepreneurship news in Malaysia
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Generali Malaysia launches GROW 2026, its first accelerator for insurtech startups
Generali Malaysia has launched its first accelerator programme, the Generali Growth and Innovation Programme (GROW 2026), designed exclusively for the Malaysian market. The programme supports local insurtech, healthtech and medtech startups with mentorship, workshops and a Demo Day, offering non-dilutive cash prizes. It aims to strengthen Malaysia's insurance, health and protection ecosystem.
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AI startup Discovery Loop seeks funding at $50 billion valuation
Discovery Loop, a California-based AI startup launched this year by former Google AI leaders including Jeff Dean, is seeking new funding at a $50 billion valuation, Business Insider reported. The report, citing people familiar with the matter, said terms could change and there is no guarantee the raise will happen. The startup had previously been in talks for $1 billion at around a $10 billion valuation.
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Nescafé launches Hidupkan Duniamu initiative with up to RM500,000 for youth
Nestlé Malaysia introduced its Hidupkan Duniamu initiative at a shopping mall in Putrajaya today, offering financial support, mentorship and a platform to young Malaysians. The programme involves investment of up to RM500,000 to help participants build sustainable income while pursuing their interests.
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Nestlé Malaysia invests RM500,000 in Nescafé youth programme
Nestlé Malaysia, through Nescafé, is allocating up to RM500,000 to help Malaysian youth realise their dreams and build startups. The 'Nescafé Hidupkan Duniamu' initiative offers mentorship and funding, with entries opening on 1 October via 90-second TikTok videos. The investment was announced in Putrajaya and follows Nescafé's engagement with frontliners since May.