Paktor snags US$10m funding; Infocomm Investments partners Bansea to fund seed-stage startups
Singapore
THE startup ecosystem scored two positives on Monday: homegrown dating platform Paktor snagged US$10 million in a new funding round, while Infocomm Investments (IIPL) has partnered Bansea (the Business Angel Network South-east Asia) to jointly invest in local seed-stage startups.
With the new money - which takes Paktor's total funding to-date to over US$20.5 million - the startup will expand into Japan and South Korea, deepening its presence across Asia.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny