VentureTECH Invests In Evenesis To Drive RegionalEvent Tech Expansion

By Bernama.com

KUALA LUMPUR, Aug 11 (Bernama) -- VentureTECH Sdn Bhd has announced astrategic investment in Y Us Sdn Bhd (Evenesis) to accelerate the latter’s platformcapabilities, address evolving user needs, strengthen its competitive positioning, anddrive regional expansion.

Evenesis, a Bumiputera company, is pioneering an end-to-end Event ManagementSoftware (EMS) solution and managed services platform that delivers comprehensivedigital solutions aimed at revolutionising how business events are conceptualised,delivered, and evaluated.

In a joint statement, the companies said that having supported over 3,000 events locallyand internationally, Evenesis now aims to tap strategic regional markets such asSingapore, Indonesia, and Saudi Arabia, where demand for digital event solutions isrising in line with the global shift toward immersive and hybrid business events.

VentureTECH chief executive officer (CEO) Ahmad Redzuan Sidek said the investmentreflects VentureTECH’s developmental role in catalysing the growth of homegrowncompanies in high-value, technology-driven sectors.
"Through strategic investments in companies such as Evenesis, we are nurturing a newgeneration of Bumiputera champions who will drive digital transformation, expandMalaysia’s regional footprint, and contribute meaningfully to the country’s innovation andindustrial development agenda," he said.

Meanwhile, Evenesis founder and CEO Mohd Yusno Mohd Yunos described thepartnership as a major milestone that validates their long-term vision to revolutionise theevents industry.

"With VentureTECH’s support, we are now equipped to scale regionally, further developour platform, and deliver greater value to our clients while championing Bumiputerainnovation in the global event tech landscape," he said.

VentureTECH is a wholly owned subsidiary of the Malaysian Industry-GovernmentGroup for High Technology (MIGHT), which aims to catalyse the growth of localindustries, particularly Bumiputera, in high-value-added and high technology industriesthrough equity investment.