Malaysia’s EMS solutions firm Evenesis receives investment from VentureTECH

Impact investment firm VentureTECH Sdn Bhd has announced a strategic investment in Y Us Sdn Bhd (Evenesis), a Bumiputera business that is leading the way in managed services and end-to-end event management software (EMS) solutions.

According to a statement released by the two on Monday, the investment will help Evenesis expand regionally, improve its competitive positioning, meet changing user needs, and speed up platform capabilities.

The next stage of Evenesis’ development will concentrate on growing into key regional markets like Saudi Arabia, Indonesia, and Singapore, where there is a growing need for digital event solutions due to the global trend toward immersive and hybrid business events.

“This partnership is a major milestone that validates our long-term vision to revolutionize the events industry,

“With VentureTECH’s support, we are now equipped to scale regionally, further develop our platform, and deliver greater value to our clients while championing Bumiputera innovation in the global event tech landscape,” said Mohd Yusno Mohd Yunos, Founder and Chief Executive Officer of Evenesis.

In order to transform the way business events are planned, executed, and assessed, Evenesis offers complete digital solutions.

The company’s software-as-a-service (SaaS) platform, which includes integrated managed services, automates and streamlines important event management tasks, such as registration, planning, and post-event analytics. It also provides extensive managed services that are customized to meet the specific requirements of each event, guaranteeing a smooth and efficient experience for both organizers and attendees.

Evenesis has effectively supported more than 3,000 events both domestically and abroad during the course of its journey, including major exhibitions like Defence Services Asia (DSA) & NATSEC Asia, Oil and Gas Asia (OGA), and Malaysia International Furniture Fair (MIFF).

In addition to building a growing presence in more than 16 countries, including Cambodia, Thailand, and the Philippines, the company has gained the trust of important ministries, government-affiliated businesses, and industry players, such as Tenaga Nasional Berhad (TNB), Human Resource Development Corporation (HRD Corp), Lembaga Kemajuan Tanah Persekutuan (FELDA), Ministry of Tourism, Arts and Culture (MOTAC), Malaysia External Trade Development Corporation (MATRADE), and Malaysian Investment Development Authority (MIDA).

“Our partnership with Evenesis reflects VentureTECH’s mission to empower transformative Bumiputera-led technology companies,” said Ahmad Redzuan Sidek, Chief Executive Officer of VentureTECH.

“Evenesis is a proven event tech innovator that is raising industry standards through digitalization, localization, and scalable software capabilities, while driving meaningful Bumiputera participation in the digital economy,

“We are proud to support their next phase of growth across ASEAN and the Middle East,” he added.