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SE Asian digital entertainment firm POPS seeks to raise $50m in Series D round
May 6, 2021
Singapore-headquartered digital entertainment company POPS WORLDWIDE on Thursday said it is targeting to raise $50 million in a Series D funding round in 2021 to drive its growth strategy.
POPS raised a $30-million funding round in 2019 led by Mirae Asset–Naver Asia Growth Fund and Seoul-headquartered private equity firm EastBridge Partners.
To date, the entertainment company has raised a total of $37 million in funding. In 2017, the company raised an undisclosed sum from Turner Asia Pacific, the Asian branch of Time Warner.
The company hopes to use the proceeds from the proposed Series D round to grow across Southeast Asia, starting with the Philippines, it said in the statement. It is also looking to deepen its presence in Indonesia, where it is seeing good traction.
Mirae Asset shares to bounce back on partnership with Naver koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
By siliconindia | Monday, 15 February 2021, 09:11 Hrs Bengaluru-headquartered FinTech lending startup KreditBee on Monday said it has concluded its Series C equity round worth $75 million (about Rs 545 crore) from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment. With the current round of fund raise, the company wants to drive credit uptake in the economy especially for the unserved and underserved segment of the population. With a larger portfolio of loan products, our objective is to provide credit to over 180 million New-to-Credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that, Madhusudan E, Co-Founder & CEO of KreditBee, said in a statement.
Indonesia’s Bukalapak raises funding from Standard Chartered for expansion
Photo: Bukalapak Premium
Indonesia’s Bukalapak.com has landed funding from Standard Chartered Plc as it makes progress toward raising $200 million to finance its expansion in the country, according to people familiar with the matter.
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