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Paktor is merging with the startup it bought to create a social entertainment company

Singaporean dating app Paktor announced today it has merged with its recent acquisition, livestreaming service 17 Media, to form M17, a company focused on social entertainment. Paktor snapped up Taiwan-based 17 Media for an undisclosed sum at the end of last year. The new company claims to have a combined team of 200 and reports […]

Summit brings together investors, startups in efforts to boost SEA ecosystem

MORE than 30 venture capitalists (VCs), 50 international angel investors, and over a hundred corporates and LPs will attend the Global Ventures Summit 2017 (GVS) on April 19 to 21 in Bali, Indonesia. This event aims to boost the Southeast Asian startup ecosystem by bringing together successful entrepreneurs and investors to meet, fund and to […]

CyberAgent-backed Seekmi to raise series A+ this year, says CEO Clarissa Leung

Indonesia’s on-demand service provider Seekmi will be “aggressively” looking for funding this year, CEO Clarissa Leung told this portal. The CyberAgent Ventures-backed startup will begin fundraising process soon, and kick-off the process with discussions with existing investors about possible follow-up investments. “This year we are going to be fundraising in the series A+ kind of […]

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