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RHL Ventures' Raja Hamzah Shares Fundraising Insights at ASEAN Tech All-Stars Panel
28 November 2025 — Last Friday at The Ship Campus Penang, our Managing Partner Raja Hamzah took part in the Founders & Funders: ASEAN Tech All-Stars Venture Capital panel session titled ‘Jangan Cepat Kahwin: Why You Shouldn’t Raise from VCs, and When You Should’. He shared the panel alongside Shahril Ibrahim (500 Global), Kuo-Yi Lim (林国毅) (Monk's Hill Ventures), Weisheng Neo (Qualgro Partners), and Hisham Ibrahim CPA, CFA (Gobi Partners). The session was moderated by Ghazanf
Dec 3, 20251 min read


Pandai in London for the Program Launch of the LSE 100x Impact Accelerator
Hibiscus Fund is proud to celebrate a significant milestone achieved by our portfolio company, Pandai , which has been accepted into the renowned 100x Impact Accelerator in London. Organized by the London School of Economics (LSE), this global accelerator selects bold and high-impact ventures with the potential to improve 1 billion lives. For the 2025/26 Autumn program, 8 organizations worldwide were chosen. And Pandai converged in London for the official program launch. Sin
Dec 1, 20251 min read


Farmière (Fefifo) Celebrates Superbrands Malaysia 2025 Win
14 November 2025 — Hibiscus Fund celebrates a proud milestone as its portfolio company Fefifo marks a major achievement: its brand Farmière™️农觅儿 has been named a Superbrands Malaysia 2025 winner. For a young, up-and-coming FMCG brand, this recognition is more than an award, it’s a meaningful step toward becoming a Malaysian brand that proudly stands on global shelves. Big congratulationss to all fellow Superbrands awardees who share the same grit, courage and determination to
Nov 21, 20251 min read


BFM Interview with Aonic: From DJI Distributor to Made in Malaysia Drones
“What sets Aonic apart is that we’re not just building drones. We’re building Southeast Asia’s agriculture ecosystem end-to-end. With locally made hardware, software, financing, training, and on-ground support, we make technology affordable and repairable, so farmers can focus on what they do best: taking care of their crops.” Jin Xi Cheong (CEO and Co-founder, Aonic) had a great conversation with Roshan (Pickleball Addict) from BFM 89.9 - The Business Station, sharing Aonic’
Nov 19, 20251 min read


Pandai Showcases ASEAN-Led AI Innovation at Bloomberg Business Summit in Kuala Lumpur
31 Oct 2025 — Hibiscus Fund's portfolio company Pandai took centre stage at the Bloomberg Business Summit at ASEAN, where its Founder & CEO Khairul Anwar joined regional technology leaders to discuss how ASEAN innovators are redefining the future of artificial intelligence. Speaking alongside Ilaria Chan, Chairperson of the Tech For Good Institute & Group Advisor for Tech & Social Impact at Grab, and Gary Leong, Senior Director of Analytics Intelligence Solutions at ViTrox T
Nov 14, 20251 min read


Aonic Selected for Inaugural Malaysian ASEAN Business Entity (MyABE) Pilot Cohort by Securities Commission
Hibiscus Fund is proud to celebrate Aonic Group for being chosen by the Securities Commission Malaysia (SC) for the inaugural Malaysian ASEAN Business Entity (MyABE) pilot cohort. RHL Ventures backed Aonic in 2024, supporting the Malaysian deep-tech company as it developed drone and automation solutions for industrial applications, while also empowering small businesses and local communities. The investment has matured, culminating in Aonic being chosen for its strong ASEAN
Nov 10, 20251 min read


RPG Commerce Unveils MONTIGO’s First One-of-Its-Kind Concept Store at Pavilion KL
🚀 Congratulations to our portfolio company RPG Commerce on the launch of MONTIGO's one-of-its-kind concept store at Pavilion KL! The opening was officiated by YB Chin Tong Liew, Deputy Minister of Investment, Trade and Industry, and marked the debut of Montigo’s IP collaboration with Miffy🐰🧺🧡 RHL Ventures is proud to partner with Melvin Chee and the RPG team as they continue to innovate and shape the future of lifestyle retail. — RHL LinkedIn page
Oct 8, 20251 min read


Pandai chosen for LSE’s 100x Impact, a new cohort of future ‘social unicorns’
Education technology is transforming how students learn and how teachers teach, especially in emerging markets. Recently, a global initiative founded at the London School of Economics (LSE), announced its 2025/26 cohort of ventures with the potential to become social unicorns — organisations that can positively impact one billion lives. Among the selected ventures is Pandai , a Malaysian education technology company making learning more accessible, effective, and fun for stud
Sep 9, 20252 min read


Montigo Showcases Wildflower Collection at The Exchange TRX Pop-Up Event
Montigo recently brought its Wildflower Collection to life with a vibrant pop-up experience at The Exchange TRX Mall, attracting strong interest from consumers, media, and brand supporters alike. The pop-up, held between 18-24 Aug, welcomed a diverse audience including A-list personalities, key opinion leaders, media representatives, and long-time Montigo customers. Their presence contributed to the energy and excitement of the event, making it a memorable milestone for the b
Sep 1, 20251 min read


Soft Space and Versa, Companies backed by the Hibiscus Fund, named to the Forbes Asia 100 to Watch 2025 List
We’re proud to share that two of our portfolio companies, Soft Space and Versa have been recognised on the Forbes Asia 100 to Watch 2025 list. Soft Space, founded in 2012, is transforming the way merchants accept payments. From pioneering SoftPOS technology that turns smartphones into payment terminals, to forging a strategic alliance with GMO Financial Gate in Japan, Soft Space continues to redefine digital payments on a global scale. Versa, launched in 2021, is reshaping
Aug 28, 20251 min read


Pandai CEO Shares Insights on AI and the Future of Learning at the ASEAN AI Summit
Pandai CEO Khairul Anwar took the stage at the ASEAN AI Summit, contributing to an important regional conversation on how artificial intelligence is reshaping the future of education. During the session, Khairul shared reflections drawn from millions of daily interactions between students and PBot, Pandai’s AI-powered learning assistant. He emphasised that each exchange represents more than just data — it reflects a real student actively trying to learn, sometimes struggling,
Aug 27, 20251 min read


Aonic Featured in The Edge: Full-Stack Drone Solutions for Modern Farming
Aonic is proud to be featured in The Edge Malaysia, where founder Jin Xi Cheong shared that Aonic is building far more than a transaction-driven business. The company’s ecosystem is designed to go beyond purchase, from consultation to financing, after-sales service, and training. This comprehensive approach reflects Aonic’s commitment to enabling organisations to adopt drone technology safely, effectively, and at scale. A sincere thank you to Aris Riza Noor Baharin of The Edg
Aug 25, 20251 min read


Pandai Sponsors Premium Subscriptions for Students in Muar
21 Aug 2025 — Pandai was proud to stand alongside YB Tuan Syed Saddiq in sponsoring Pandai Premium subscriptions to school students in Muar. True progress is not just about advancing technology, but also about ensuring no one is left behind as we innovate for a more inclusive future. Our sincere thanks to Reza, CEO of Silentmode, for the kind invitation to the Leadership Talk with YB Tuan Syed Saddiq. It's a session that sparked thoughtful dialogue on the future we’re collect
Aug 21, 20251 min read


Joel Tay of Soft Space & Shazy Noorazman of Ouch! Named Winners of the “Emerging 35 – Top 50 Fintech Founders in Southeast Asia”
12 Aug 2025 — We are pleased to announce that Joel Tay, CEO and Co-Founder of Soft Space , and Shazy Noorazman, CEO and Co-Founder of Ouch!, both portfolio companies of RHL Ventures, have both been recognised as winners in the Emerging 35 category of the prestigious Fintech Frontiers 50 Awards 2025, which celebrates the top 50 fintech founders shaping Southeast Asia. The awards received over 17,000 community votes, after which the Emerging 35 were carefully selected by analys
Aug 12, 20251 min read


Naluri Secures USD 5 Million in Latest Series-B Fundraising Round for Southeast Asian Expansion
Singapore, 12th August, 2025 - Naluri Pte Ltd, (“Naluri”) , portfolio company of the Hibiscus Fund and Southeast Asia’s leading digital employee health and wellbeing provider, announced the successful completion of a USD 5 million Series-B equity fundraising round. This latest round was led by TELUS Global Ventures - through the Pollinator Fund for Good - the strategic impact investment arm of world-leading communications technology company, TELUS, alongside existing investor
Aug 12, 20253 min read


Soft Space partners with Hokkoku FHD to launch SoftPOS solution supporting stablecoin payments
1 July 2025 — Malaysia-based fintech firm Soft Space and Japan-based Hokkoku Financial Holdings (Hokkoku FHD) have teamed up to launch the next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet. This will be the world’s first deployment of a SoftPOS solution 1, certified under global mobile payment security standards, that supports stablecoin t
Jul 1, 20252 min read


Aonic Showcases Drone Innovations at LIMA 2025 in Langkawi
20 May 2025 — RHL Ventures portfolio company Aonic is gearing up for the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA ’25), taking place from 20 to 24 May 2025. The team has been hard at work over the weekend preparing for one of the region’s premier defense and aerospace events. Visitors are invited to visit Aonic at Booth C012 to meet the team and explore the company’s latest innovations in drone and counter-drone technologies. These advancements refl
May 20, 20251 min read


Montigo Opens Its Largest Concept Store at 1 Utama Shopping Centre
11 April 2025 — Montigo has officially launched its largest concept store to date at the iconic 1 Utama Shopping Centre. The new store features Montigo’s complete range of products, along with personalized customization options, offering customers an elevated and immersive retail experience. Since its founding, Montigo has rapidly expanded its presence to over 40 locations across Malaysia, Singapore, and Indonesia, with plans to enter additional markets in the near future. In
Apr 11, 20251 min read


Aonic at Mid Tier and SME Roundtable with MITI, MoF and SC during ASEAN Investment Conference 2025
April 10, 2025 — Aonic was proud to be represented at the ASEAN Investment Conference 2025, where our team had the opportunity to engage directly with Malaysia’s Minister of Trade, Tengku Datuk Seri Zafrul Aziz, alongside other industry leaders and key representatives from the Ministry of Finance and the Securities Commission Malaysia. Some key topics discussed during the meeting: The impact of the recently announced tariffs on regional and global trade (no surprises here). T
Apr 10, 20251 min read


Gushcloud has partnered with the Abu Dhabi Investment Office مكتب أبوظبي للاستثمار (ADIO) to set up their EMEA & India regional headquarters in Abu Dhabi
25 March 2025 — Abu Dhabi Investment Office (ADIO) has entered into a strategic, multi-year partnership with Gushcloud International , a global creator management and licensing company, powered by AI. Under the agreement, Gushcloud will establish its EMEA and India regional headquarters in Abu Dhabi, advancing the emirate’s rapidly growing digital creator economy and reinforcing its position as a global digital media hub. Gushcloud’s expansion is projected to generate over 1
Mar 25, 20252 min read
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