Power Your Ideas.
Amplify Your Impact.

By supporting homegrown startups, we believe we can drive impactful solutions that address Malaysia’s unique challenges.

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TeXnovasi Accelerator Programme 2024

Bring your concept to life with our first ever startup accelerator programme.

Powered by GXBank and Grab, with MYStartup as our strategic partner and 1337 Ventures as the appointed accelerator manager, our programme is designed to support startups at every stage of their journey.

Applications open till 5 Jan 2025.

Cradle

A focal point agency for Malaysia’s startup ecosystem under the Ministry of Science, Technology and Innovation that has helped fund over 1,100 tech startups in the country.

MYStartup

Malaysia's Single Window for the startup ecosystem, offering a one-stop platform for all things startup in Malaysia.

1337 Ventures

Is a leading Malaysian Venture Capital focusing on early stage startups, helping them to launch, validate, and scale.

Programme Benefits

Connect

Engage with and be inspired by founding members of Grab, Southeast Asia’s first decacorn.

Insights

Tap into the expertise of banking leaders and Grab in building economic empowerment.

Partner

With local and regional financial institutions to secure capital funding.

Programme Overview

Get ready for an exciting 6-month adventure as we redefine the future of digital banking.

Registration
Complete and submit the application form. Shortlisted applicants will be notified to proceed with virtual interviews.
Qualifying Pitch
Startups pitch their ideas to qualify for the next stage of the programme.
Demo Day
Startups will present their PoC to GXBank and Grab's key stakeholders, with the potential for future collaboration.

End

May 2025

Mar - May 2025

Mar 2025

23 Jan 2025

5 Nov 2024

Kickoff
Selected startups will start the programme with virtual onboarding, working hours and mentorship sessions.
Proof-of-Concept Development
Startups will work on developing and testing their PoC solutions.
Top 3 Winners Selected

5 Nov 2024

Registration
Complete and submit the application form. Shortlisted applicants will be notified to proceed with virtual interviews.

23 Jan 2025

Kickoff
Selected startups will start the programme with virtual onboarding, working hours and mentorship sessions.

Mar 2025

Qualifying Pitch
Startups pitch their ideas to qualify for the next stage of the programme.

Mar - May 2025

Proof-of-Concept Development
Startups will work on developing and testing their PoC solutions.

May 2025

Demo Day
Startups will present their PoC to GXBank and Grab's key stakeholders, with the potential for future collaboration.

End

Top 3 Winners Selected

We are looking for

Issues To Solve For

Accessibility

Individuals lacking access to traditional banking services

Challenges

Limited infrastructure, low financial literacy, banking mistrust, and lack of documentation.

MSMEs to improve financial access and operations

Challenges

Limited credit access, complex regulations, lack of tools and inefficiencies.

Individuals lacking access to traditional banking services

Challenges

Limited infrastructure, low financial literacy, banking mistrust, and lack of documentation.

MSMEs to improve financial access and operations

Challenges

Limited credit access, complex regulations, lack of tools and inefficiencies.

Security

Protection & detection of digital fraud and scams

Challenges

Outdated fraud systems, slow manual detection, and need for advanced automation and tech integration to prevent threats and disruptions.

Social security via sustainable social protection/assistance structures

Challenges

Insufficient coverage and financial security for gig and informal workers, lacking steady access to social safety nets.

Protection & detection of digital fraud and scams

Challenges

Outdated fraud systems, slow manual detection, and need for advanced automation and tech integration to prevent threats and disruptions.

Social security via sustainable social protection/assistance structures

Challenges

Insufficient coverage and financial security for gig and informal workers, lacking steady access to social safety nets.

Experience

Customer experience through personalisation and scalable engagement

Challenges

Scaling personalisation, bridging digital divides, ensuring inclusivity, and maintaining quality in high-volume interactions.

Improve efficiency and operational management of MSMEs

Challenges

Providing tools to enhance financial management and streamline operations.

Customer experience through personalisation and scalable engagement

Challenges

Scaling personalisation, bridging digital divides, ensuring inclusivity, and maintaining quality in high-volume interactions.

Improve efficiency and operational management of MSMEs

Challenges

Providing tools to enhance financial management and streamline operations.

Ready to move the world forward?

Applications for our first cohort are now open till 5th Jan 2024 and are reviewed
on a first come first served basis.

Apply Now

Frequently Asked Questions

The GXBank Accelerator Programme is organised by GXBank, with 1337 Ventures serving as the main partner and lead accelerator.

Do I need to be incorporated to apply?

Yes, startups need to be legally incorporated by the time the programme begins.

Is there a fee for this programme?

No, there is no application fee to participate in this programme.

What criteria do you use to select startups?

We evaluate startups based on, but not limited to, the following criteria:

Product-Market Fit and Innovation: Alignment with our focus on problem statements and the ability to offer solutions to GXBank.

Growth Potential and Scalability: The capability for significant growth and the potential to scale effectively.

Team Experience and Skill Set: The qualifications and expertise of the founding teams.

Commitment to the Programme: The dedication of the team to actively engage and participate throughout the programme.

What are the programme’s expectations from startups?

Startups are expected to:

• Commit full-time to the programme.

• Participate actively in workshops, mentoring sessions, and office hours.

• Meet progress milestones and goals agreed upon with mentors.

Will you help us with fundraising?

While we don’t provide direct funding through this programme or assist every startup with fundraising, we do offer valuable resources, including pitch training and introductions to our network of investors.

What happens if we don’t get selected?

If your startup isn’t selected, you can still stay engaged with us through our 1337 Ventures & GXBank community events, workshops, and future programme applications. We will notify you of your application status when the application period closes.

Who should I contact if I have any questions regarding this programme?

For any inquiries about the programme, feel free to contact 1337 Ventures via. WhatsApp at +6011 5628 0817 or email us at info@1337ventures.net.

Terms and Conditions

For more information, please refer to the Terms and Conditions here.
For any inquiries about the programme, feel free to contact 1337 Ventures via