Paktor, a Singapore-based dating app, raised $10m in funding.
The round was led by YJ Capital, Yahoo Capital’s corporate venture firm with participation from Global Grand Leisure, Golden Equator Capital, Sebrina Holdings and existing investors Vertex Ventures, MNC Media Group, Majuven and Convergence Ventures.
The company, which has now raised $22m, intends to use the funds to continue to expand operations in South East Asia.
Founded in July 2013 by Charlene Koh, CMO, Jingshen Ng, CTO, and Joseph J. Phua, CEO, Paktor provides a dating app for singles in Southeast Asia and Taiwan. Built around anonymity, locality, and usability, the app is said to have over 5 million users.
FinSMEs
13/07/2016