Cradle, Invest India form alliance to strengthen startup ecosystems in both nations

Cradle and Invest India have exchanged a Letter of Cooperation to establish the India-Malaysia Startup Alliance through Startup India.

By Digital News Asia August 30, 2024Matchmaking programmes aim to generate US$23 mill in investments, contracts

Commenting on the LOC between the two agencies, Chang Lih Kang, minister of Science, Technology, and Innovation , said, “India and Malaysia have benefitted from the long-standing relationship built on mutual respect and shared prosperity. This alliance between Cradle and Invest India is a natural extension of our strong economic and commercial ties.

The LOC exchange ceremony was held in New Delhi on 21 August 2024, in conjunction with Malaysia’s official visit to India, led by Prime Minister Anwar Ibrahim. This alliance is envisioned as the primary bilateral framework for startup and innovation engagement between the two countries.

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