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
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TDConnex was one of two recipients in the Electronics category for the prestigious national MSME award in India for 2026.
CHENNAI, India, May 18, 2026 /PRNewswire/ -- TDConnex, a global leader in micro-precision manufacturing, has been named Leading Innovator of the Year — Electronics at the 2026 India MSME Awards. TDConnex was one of only two recipients of the prestigious national prize for India.
The Electronics Innovator of the Year award is among the most selective national recognitions for enterprise innovation in India's electronics manufacturing sector. The award honours enterprises that have demonstrated distinctive innovation, technical capability, and impact in advancing India's position in the global electronics value chain.
The recognition acknowledges TDConnex's sustained contribution to building global-scale precision manufacturing capability in India. Since establishing its first Indian manufacturing campus in Tamil Nadu, TDConnex has grown into one of the country's leading platforms for advanced micro-precision components. TDConnex is an established global leader in producing these high-precision components, used in many of the world's most advanced electronic products. Today, TDConnex components can be found in over a billion electronic devices around the world.
"This recognition is deeply meaningful for TDConnex, and for our global team who have made our ambitious vision for India into a reality today," said Thanga Venkatachalam, CEO of TDConnex. "When we set out to build TDConnex in India, our ambition was to bring world-class manufacturing capabilities to the country in a way that could help global technology innovators deliver the next generation of electronics to the world. This award is a testament to the extraordinary engineers, technicians, and leaders on our India team who have turned that ambition into reality. Our fast-growing India team has scaled our business in every dimension: people, capabilities, customers, verticals, capacity, and factory scale."
"We are also grateful to the TDConnex team around the world who have worked unselfishly to help support our scale-up in India. This award is the result of truly global collaboration, and we are proud of what our people have built together."
The award comes as TDConnex continues to invest significantly in India. The Company is preparing to commence construction on its new 1 million sq ft lot at SIPCOT in Tamil Nadu, where it is building advanced manufacturing capabilities across multiple high-precision verticals — including precision components for consumer electronics, electromechanical assemblies for power electronics and industrial applications, and medical device manufacturing. India is a central pillar of TDConnex's strategy of building manufacturing capabilities for tomorrow's supply chain, alongside its operations in China and Southeast Asia.
About TDConnex
TDConnex provides manufacturing for tomorrow's supply chain. The company is deeply committed to helping global technology leaders create and deliver the products that change the way the world lives and works. Today, our leading-edge, micro-precision components can be found in over a billion technology products worldwide, and we are focused on helping customers create the next generation of more sustainable, more advanced electronic products for the future.
TDConnex was one of two recipients in the Electronics category for the prestigious national MSME award in India for 2026.
CHENNAI, India, May 18, 2026 /PRNewswire/ -- TDConnex, a global leader in micro-precision manufacturing, has been named Leading Innovator of the Year — Electronics at the 2026 India MSME Awards. TDConnex was one of only two recipients of the prestigious national prize for India.
The Electronics Innovator of the Year award is among the most selective national recognitions for enterprise innovation in India's electronics manufacturing sector. The award honours enterprises that have demonstrated distinctive innovation, technical capability, and impact in advancing India's position in the global electronics value chain.
The recognition acknowledges TDConnex's sustained contribution to building global-scale precision manufacturing capability in India. Since establishing its first Indian manufacturing campus in Tamil Nadu, TDConnex has grown into one of the country's leading platforms for advanced micro-precision components. TDConnex is an established global leader in producing these high-precision components, used in many of the world's most advanced electronic products. Today, TDConnex components can be found in over a billion electronic devices around the world.
"This recognition is deeply meaningful for TDConnex, and for our global team who have made our ambitious vision for India into a reality today," said Thanga Venkatachalam, CEO of TDConnex. "When we set out to build TDConnex in India, our ambition was to bring world-class manufacturing capabilities to the country in a way that could help global technology innovators deliver the next generation of electronics to the world. This award is a testament to the extraordinary engineers, technicians, and leaders on our India team who have turned that ambition into reality. Our fast-growing India team has scaled our business in every dimension: people, capabilities, customers, verticals, capacity, and factory scale."
"We are also grateful to the TDConnex team around the world who have worked unselfishly to help support our scale-up in India. This award is the result of truly global collaboration, and we are proud of what our people have built together."
The award comes as TDConnex continues to invest significantly in India. The Company is preparing to commence construction on its new 1 million sq ft lot at SIPCOT in Tamil Nadu, where it is building advanced manufacturing capabilities across multiple high-precision verticals — including precision components for consumer electronics, electromechanical assemblies for power electronics and industrial applications, and medical device manufacturing. India is a central pillar of TDConnex's strategy of building manufacturing capabilities for tomorrow's supply chain, alongside its operations in China and Southeast Asia.
About TDConnex
TDConnex provides manufacturing for tomorrow's supply chain. The company is deeply committed to helping global technology leaders create and deliver the products that change the way the world lives and works. Today, our leading-edge, micro-precision components can be found in over a billion technology products worldwide, and we are focused on helping customers create the next generation of more sustainable, more advanced electronic products for the future.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
TDConnex wins Leading Innovator of the Year award for Electronics at India's 2026 MSME Awards
