21-Mar-24 10:00

Kelv Gain, CEO and Founder, The Rainmakers

The Rainmakers wants to make property investing more accessible to retail investors, helping them get a fractional slice of property ownership without the typical financial strains that come with property investing.

Having raised RM620,000 in pre-seed capital, The Rainmakers are trying to raise a seed round of RM1.2 million at a pre-money valuation of RM 6 million through equity crowdfunding platform Leet Capital. They're offering 16.67% of the company and the post-money valuation is expected to be RM7.2 million.

In this episode of Open For Business, we will delve into why The Rainmakers is raising these new funds, the motivations behind Kelv's ambitions to make property investing more accessible, and how they're going to make this business model work.

Note:

At the top of the fundraising page is a disclaimer that reads:

Gen G Labs Sdn Bhd engages in securities-related activities and is required to obtain a license from the Securities Commission (SC). Failure to secure this license may adversely affect their business operations. Please note that Leet Capital and its affiliated companies cannot assure or guarantee that G Gen Labs Sdn Bhd will ultimately obtain the required license from the Securities Commission of Malaysia.