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About Us

“AI will change 100 percent of jobs over the next decade.”

Building the New Malaysia with 4.0 Industrial Revolution

Fintech, Blockchain and AI Tech DNA

Consistent with MDEC’s aspiration is to firmly establish Malaysia as the Heart of Digital ASEAN, we are creating a refocus under one new strategy to:


Internationalize Kuala Lumpur as a tech Powerhouse that adopts new disruptive technologies

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Position Malaysia as regional expansion hub into ASEAN and South East Asia


Bridge Asia, Middle East and Africa and other fast emerging economies


Convene and train new qualified ICT workforce to integrate different sectors


Match talents with innovative companies


Attract foreign investments


Attract fast-growing tech companies and Unicorns


Kuala Lumpur Tech City is an engaged local-global network of tech business leaders working to foster a dynamic, diverse and creative ecosystem.


We will mobilize the expertise and resources of the tech sector to work with city and state government on policies that ensure Malaysia’s innovation, economic and jobs thrive.


We want to create a model in which we can match entrepreneurs, partners, influencers, ambassadors, universities and investors from different smart cities in the world to Kuala Lumpur.

Leadership Team

Leadership Team

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Asad Sultan
Co-Founder & CEO

Asad has almost 30 years experience as an equities and capital markets expert with C-level executive positions at Macquarie Bank, ITG Securities, and Cantor Fitzgerald. Asad was a principal partner in entrepreneurial ventures in Malaysia (solar and renewable energy) and Hollywood (media and entertainment), and has extensive networks spanning HK/China, Malaysia/SE Asia, India/S. Asia, Germany/Europe, and California/N. America.


Asad is the CEO of Deutsche Malayan Ventures which provides bespoke cross-border advisory services for investment and execution of high-value projects in South and South East Asia, Co-General Partner of Lion Ventures Fund, and a Director of Hatcher Malaysia Sdn Bhd


Suraj Arora
Co-Founder & Managing Director

Suraj Arora is an accomplished banker with 27 years of corporate experience , and with functional expertise across Mergers & Acquisitions, Fund Raising, Mentoring New Ventures, Start-up investments, Corporate & Investment Banking, Remittance and Digital Banking. Suraj was the Country Head for ICICI Bank in Malaysia, serving the Bank for 17 years. Suraj has an MBA degree from Panjab University, Chandigarh and is a Mechanical Engineer from Delhi College of Engineering, Delhi, India.

Suraj is a Managing Partner of Deutsche Malayan Ventures, and a Director of Hatcher Malaysia Sdn Bhd

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Advisory Board

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Humza Malik
Founder & CEO, Frontier Power


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Sonesh Sira
Managing Partner, Ztudium

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