DealStreetAsia, a digital media platform based in Singapore, has raised an undisclosed amount in its first round of funding from Vijay Shekhar Sharma, founder and CEO of Paytm and Singapore Angel Network (SGAN), with participation from HT Media and other unnamed investors. The company said that it is closing a Series A funding in Q1 2016. It plans to use the funds for hiring across India and ASEAN (Singapore, Malaysia, Indonesia, Thailand, Vietnam, Philippines and Myanmar) teams, expand to Hong Kong, China, Japan and Australia and work on the launch of its deal analytics and data platform, which will create and mine data for deal engineers across Asian markets. DSA Analytics, the statement said, would focus on building a startup database in the Asian region and track companies which have got seed and series funding. HT Media is an equity holder in DealStreetAsia and will share content and resources across Singapore and India from Mint and vice versa. With this, the Mint hopes to strengthen its reach. DealStreetAsia launched India India operations in September this year, Myanmar in October and partnered with HT Media’s business publication Mint. Mint also publishes MintAsia in Singapore. DealStreetAsia claims to have published over 4,000 deal related stories in a year of its launch, and says that it publishes over 40 news and analytics stories daily. According to an e27 article, it has 16 employees across India, Singapore, Malaysia, Indonesia, Thailand, Vietnam, Philippines and Myanmar, with plans to add another 10 employees. Digital media companies which…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...