Ejen2u Secures RM7Mil Investment for Expansion and Empowerment
Ejen2u International Sdn Bhd, a leading agent management platform, has secured RM7 million in Pre-Series A funding from Gobi Partners and Artem Ventures. This investment will support Ejen2u’s expansion plans, which include diversifying its customer base, entering the Indonesian market, and expanding into various industries.
Ejen2u Founder and CEO, Sheikh Ezaiddin says, “We view the investments from esteemed venture capital firms in Ejen2u as a strong endorsement of the significance of delivering digital solutions to entrepreneurs, particularly in today’s digital-centric landscape. We are deeply grateful for the trust and confidence our partners and customers have placed in us.
Ejen2u on the Investment
“With these investments, we are poised to make substantial strides towards realising our vision of empowering and fortifying our local entrepreneurs. Our commitment to their growth is unwavering, and these resources will enable us to extend our reach and support even more businesses in our community, ultimately contributing to a thriving local economy.”
Ejen2u is a cloud-based platform for managing agents, serving Malaysian micro, small, and medium enterprises (MSMEs) by providing a digital space for product owners and resellers. The company has facilitated over US$115 million in sales since its inception in 2019 and has supported over 340,000 resellers, serving more than 500 clients. This investment is part of the Future Malaysia Programme backed by Khazanah Nasional Bhd.