You are here

Dealstreetasia raises first round of funding

Tuesday, December 15, 2015 - 15:25

DEALSTREETASIA, a Singapore-based digital media company that owns and publishes Asia-focused financial deals site, has raised its first round of funding, the company announced on Tuesday.

Investors in this pre-Series A round include Vijay Shekhar Sharma, founder-CEO of Paytm, one of India's largest mobile commerce platforms; Singapore Angel Network, the angel investment arm of lifestyle group Thakral Corporation; and Hindustan Times Media Group, which publishes business daily Mint in India and MintAsia in Singapore.

This investment - the amount of which is not disclosed - comes ahead of a "larger" Series A round of venture funding which the company said it plans to close in Q1 2016.

On the investment, Dealstreetasia founder and editor-in-chief Joji Thomas Philip said: "We plan to go to China next with outposts in Hong Kong, Shanghai and Beijing, and also to Japan and Australia, and become a pan-Asia player."

Market voices on:

In 2016, the company will also launch Dealstreetasia Analytics, a "research, deal intelligence and origination" platform that will create and mine data to give deal engineers "cutting-edge information across Asian markets", Mr Philip added.

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom