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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 […]

April 26, 2017
11:45
Summit brings together investors, startups in efforts to boost SEA ecosystem

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 […]

April 11, 2017
12:08
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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 […]

March 17, 2017
09:05
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Singapore SaaS startup Ematic raises US$2.4M to enhance AI-based email marketing tools

Singapore-based SaaS email marketing company Ematic Solutions has raised US$2.4 million, completing its Pre-Series A round. Walden International, as well as existing investors Wavemaker Partners, MDI Ventures and Convergence Ventures took part in this fresh funding. Ematic will use the newly-raised capital to accelerate market expansion, recruitment and product development.  “Our growth is tripling year-on-year, and since October 2015 […]

March 15, 2017
08:37
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Less than one year after Series A, Indonesia’s MOKA gets another US$2M to speed up product development

In less than a year since announcing their US$1.9 million Series A led by East Ventures, Indonesia mobile point-of-sale (POS) startup MOKA today announced that it has raised another US$2 million of funding. The round is led by Mandiri Capital with participation from existing investors Convergence Ventures, East Ventures, Fenox VC, and Northstar Group. “We […]

February 16, 2017
10:30