Unicorns are startups worth $1 billion or more. According to CIB Insights, 136 unicorns were created in the Second Quarter of 2021 which is more than the entire year of 2017 and growing by 491% compared to 2020. Hence, we decided to speak to a prominent Malaysian entrepreneur, Mr Kamarul who is the founder of the world’s leading drone company called Aerodyne. We talked about the startup environment in Malaysia and how Aerodyne ascended to successes including but not limited to the EY 2021 Entrepreneur of the Year and being mentioned in Malaysia’s 2021 budgetary speech.

We also wrote an Econsider about Malaysia’s startup environment and its unicorns titled: “Where are the Malaysian Unicorns ?” which can be read here: https://tinyurl.com/u24bv2z9

Host: Wong Yit Xiang