Axiata Digital Innovation Fund

Axiata Digital Innovation Fund (ADIF) functions as a technology venture fund, investing in early-stage, high-growth digital companies. It focuses on innovative businesses spanning e-commerce, big data analytics, the Internet of Things, and FinTech. ADIF provides strategic capital from Series A rounds onward, aiming to support and scale enterprises for significant market impact.

The fund was formally established in March 2015, a partnership between Axiata Berhad, Malaysia Venture Capital Management Berhad, and Johor Corporation. This collaboration stemmed from an insight into fostering regional digital ecosystem growth. The founders sought to leverage Axiata's extensive infrastructure to empower emerging digital enterprises.

ADIF primarily serves digital startups, offering financial backing and strategic advantages, including access to an experienced investment team and industry partners. The fund's vision is to accelerate portfolio companies' growth and regional expansion. It integrates these ventures into Axiata's extensive network, facilitating broader market access and strategic rollout.