KUALA LUMPUR, Malaysia, Feb. 16, 2026 /PRNewswire/ -- Malaysia's digital transformation continues to gain momentum as the Malaysia Digital Economy Corporation (MDEC) strengthens its efforts to empower local innovators through strategic collaborations and alternative funding avenues.
One of the latest success stories emerging from Malaysia's digital ecosystem is WAHDAH Technologies Sdn. Bhd., a homegrown mobility and travel-tech company that connects mobility, automotive and tourism sectors through an integrated digital platform.
MDEC has been instrumental in WAHDAH's journey, facilitating ecosystem visibility, providing market access and enabling participation in strategic digital adoption programmes These initiatives have helped strengthen WAHDAH's technological capabilities, accelerate its business model evolution and support its regional growth trajectory.
This announcement comes at a pivotal time as Malaysia advances its digitalisation agenda under Malaysia Digital (MD) and RMK12, particularly within priority areas such as digital mobility, travel-tech and platform-based innovation. The collaboration between MDEC, Malaysia Debt Ventures Berhad (MDV) and WAHDAH also reinforces aspirations under AI Nation 2030, supporting the development of data-driven mobility solutions, fleet intelligence and cross-border digital trade.
"MDEC remains committed to empowering high-potential Malaysian innovators such as WAHDAH to accelerate digital adoption and regional expansion," said Anuar Fariz Fadzil, Chief Executive Officer of MDEC "This collaboration with MDV reinforces key national priorities under Malaysia Digital (MD), RMK12 and AI Nation 2030 by supporting data-driven mobility platforms, strengthening digital-first business models and opening pathways for Malaysian tech companies to grow across Southeast Asia. WAHDAH's progress reflects the strength of Malaysia's ecosystem in nurturing future regional digital champions."
Recognizing WAHDAH's potential to lead innovation in Malaysia's digital mobility landscape, Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) [MOF Inc] and an agency under the Ministry of Science, Technology and Innovation (MOSTI), has extended a RM2.5 million financing facility to support and accelerate WAHDAH's mission. MDV's financing assistance model supports WAHDAH's working capital needs to sustain business growth and strengthen operational capacity.
Together, MDEC and MDV have carved a clear growth pathway for WAHDAH, supporting its scale up and positioning the company towards a cumulative projected revenue growth of RM40 million
WAHDAH is a mobility and travel tech company that connects the worlds of mobility, automotive, and tourism by empowering how people move, own, and experience travel across Malaysia, Indonesia, and Singapore through both physical hubs and digital platforms.
Operating across all key economic regions of Malaysia, WAHDAH is supported by nearly 100 employees with physical touchpoints nationwide, including regional hubs and satellite offices in Langkawi, Kuala Lumpur, Penang, Ipoh, Melaka, Johor Bahru, Jakarta and Singapore. These hubs serve as strategic bases that provide comprehensive end-to-end mobility and customer support solutions.
By leveraging digital platforms and data-driven systems, WAHDAH has redefined the mobility experience across Southeast Asia. Its ecosystem includes Driveo, a fleet management platform that digitizes the full cycle of vehicle ownership from Purchase, Protect, Maintain, Earn, and Sell and Trevabook, a travel-tech brand that delivers authentic, locality-driven travel experiences in line with Malaysia's vision of sustainable and inclusive digital growth.
"WAHDAH has demonstrated strong potential and capability to scale beyond Malaysian shores and MDV is confident that with the right funding support, it will continue to grow and deliver impact across the wider digital ecosystem," said Rizal Fauzi, Chief Executive Officer (CEO) of MDV.
This partnership underscores MDV's continued commitment to empowering technology-based companies and start-ups through innovative and specialized solutions that drive sustainable growth and strengthen Malaysia's position as a regional innovation hub."
Following WAHDAH's strong performance, WAHDAH is continuously seeking strategic opportunities that can further accelerate its growth and technological advancement.
The alignment between MDEC's digital empowerment programs and MDV's financing initiatives, and the success of local innovators like WAHDAH reflects Malaysia's evolving strategy, one that merges institutional support, innovation and entrepreneurship to strengthen the digital economy.
Through continued collaboration, Malaysia reaffirms its commitment to building a dynamic, sustainable, and inclusive innovation ecosystem, one where public and private sectors move in tandem toward a shared vision of a future-ready digital nation.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MDEC and MDV Join Forces to Accelerate WAHDAH's Mission in Shaping Malaysia's Digital Mobility and Travel Tech Ecosystem
|
NEW YORK, April 11, 2026 /PRNewswire/ -- On the occasion of International Pet Day this April 11, the discussion on companionship is embracing an entirely new perspective. As the population living alone continues to expand, the demand for pet companionship has been on a steady rise, with young people, seniors living alone, and children emerging as the groups with the most concentrated need for companionship. However, practical constraints are making it increasingly difficult to keep a pet, forcing many people who crave companionship to give up on adopting a pet. Adoption will always be the best choice for those ready to welcome a furry companion into their home. OlloBot recognizes that not everyone's lifestyle is suited for pet ownership—and that's perfectly fine. Cyber-pets, as a completely new category, is not intended to replace living pets, but rather to offer an alternative companionship option that better accommodates diverse lifestyles.
The core significance of International Pet Day lies in raising awareness of the importance of companionship. Whether it is a living pet or a cyber-pet, the essence is to provide people with emotional comfort and fill the void of companionship. This is precisely why we created OlloNi—your brand-new cyber companion, designed to fit into your life, rather than forcing you to adapt to it.
As the core carrier for a new breed of cyber-pets, OlloBot breaks through the functional limitations of traditional electronic pets by deeply integrating emotional companionship with precious memories to perfectly meet the core demand for companionship in modern households. At the 2026 CES, the 'pet attributes' of OlloBot were fully demonstrated. Many industry insiders at the event suggested that cyber-pet cafes/stores may emerge in the future, providing immersive companionship experiences for those unable to keep living pets. It is worth noting that this is also confirmed by the diversification trend in the pet market. In the past, pet stores were mostly dominated by cats and dogs, but today, exotic pet cafes and niche pet experience stores are now everywhere, this is exactly a reflection of people's growing demand for diversified forms of companionship. The emergence of cyber-pet represents an extension and evolution of this trend.
Through its expressive eyes, lively body movements, and emotionally responsive voice, OlloBot accurately simulates the emotions of a living creature, appearing like a real pet with genuine feelings that can sense the user's mood. It plays and interacts with children, filling the gap in parental companionship just like a family pet. With built-in camera and video capabilities, it captures joyful family moments, freezing these fleeting memories into exclusive images that preserve the warmth of home. All of this is the unique value of cyber-pet as a new category. It does not compete with live pets, but rather expands the boundaries of companionship in a completely new way, becoming a fresh alternative for those need companionship.
'We're not here to replace real pets, we're just filling a long-overlooked gap. Adoption is wonderful for those who can, but we believe everyone deserves the joy of companionship, no matter your living situation,' said Lyn, the founder of OlloBot. As a "raisable" electronic pet, OlloBot retains the companionship traits of traditional pets while breaking time and space constraints through technology, overcoming the limitations of conventional pets in many companionship scenarios. It requires no extensive time or care, yet stays close to family members at all times, capturing precious family moments and conveying emotional warmth. This is precisely the core advantage of cyber-pet" as a new category, and exactly the "Cyber-pet Companionship" brand image OlloBot aims to establish.
The International Pet Day has brought 'companionship' into the global spotlight. OlloBot perfectly integrates technology and companionship, redefining how modern families experience companionship. Looking ahead, OlloBot will remain committed to to its cyber-pet positioning, deepening its focus on home scenarios, and continue refining the product's emotional interaction and lifelike presentation. This will enable more families to "raise" their very own cyber-pet, and together with pet lovers worldwide, embrace the life philosophy that 'companionship is beauty'.
NEW YORK, April 11, 2026 /PRNewswire/ -- On the occasion of International Pet Day this April 11, the discussion on companionship is embracing an entirely new perspective. As the population living alone continues to expand, the demand for pet companionship has been on a steady rise, with young people, seniors living alone, and children emerging as the groups with the most concentrated need for companionship. However, practical constraints are making it increasingly difficult to keep a pet, forcing many people who crave companionship to give up on adopting a pet. Adoption will always be the best choice for those ready to welcome a furry companion into their home. OlloBot recognizes that not everyone's lifestyle is suited for pet ownership—and that's perfectly fine. Cyber-pets, as a completely new category, is not intended to replace living pets, but rather to offer an alternative companionship option that better accommodates diverse lifestyles.
The core significance of International Pet Day lies in raising awareness of the importance of companionship. Whether it is a living pet or a cyber-pet, the essence is to provide people with emotional comfort and fill the void of companionship. This is precisely why we created OlloNi—your brand-new cyber companion, designed to fit into your life, rather than forcing you to adapt to it.
As the core carrier for a new breed of cyber-pets, OlloBot breaks through the functional limitations of traditional electronic pets by deeply integrating emotional companionship with precious memories to perfectly meet the core demand for companionship in modern households. At the 2026 CES, the 'pet attributes' of OlloBot were fully demonstrated. Many industry insiders at the event suggested that cyber-pet cafes/stores may emerge in the future, providing immersive companionship experiences for those unable to keep living pets. It is worth noting that this is also confirmed by the diversification trend in the pet market. In the past, pet stores were mostly dominated by cats and dogs, but today, exotic pet cafes and niche pet experience stores are now everywhere, this is exactly a reflection of people's growing demand for diversified forms of companionship. The emergence of cyber-pet represents an extension and evolution of this trend.
Through its expressive eyes, lively body movements, and emotionally responsive voice, OlloBot accurately simulates the emotions of a living creature, appearing like a real pet with genuine feelings that can sense the user's mood. It plays and interacts with children, filling the gap in parental companionship just like a family pet. With built-in camera and video capabilities, it captures joyful family moments, freezing these fleeting memories into exclusive images that preserve the warmth of home. All of this is the unique value of cyber-pet as a new category. It does not compete with live pets, but rather expands the boundaries of companionship in a completely new way, becoming a fresh alternative for those need companionship.
'We're not here to replace real pets, we're just filling a long-overlooked gap. Adoption is wonderful for those who can, but we believe everyone deserves the joy of companionship, no matter your living situation,' said Lyn, the founder of OlloBot. As a "raisable" electronic pet, OlloBot retains the companionship traits of traditional pets while breaking time and space constraints through technology, overcoming the limitations of conventional pets in many companionship scenarios. It requires no extensive time or care, yet stays close to family members at all times, capturing precious family moments and conveying emotional warmth. This is precisely the core advantage of cyber-pet" as a new category, and exactly the "Cyber-pet Companionship" brand image OlloBot aims to establish.
The International Pet Day has brought 'companionship' into the global spotlight. OlloBot perfectly integrates technology and companionship, redefining how modern families experience companionship. Looking ahead, OlloBot will remain committed to to its cyber-pet positioning, deepening its focus on home scenarios, and continue refining the product's emotional interaction and lifelike presentation. This will enable more families to "raise" their very own cyber-pet, and together with pet lovers worldwide, embrace the life philosophy that 'companionship is beauty'.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Meet OlloNi -- Redefining the cyber-pet, your low-burden cyber companion
