E27 - Oct 31 - Four months after Paktor raised $10M, Singapore-based social dating platform has announced a new funding of $32.5M, led by K2Global and existing investor, Indonesian conglomerate PT Media Nusantara Citra Tbk. The funds, which bring its total capital to $57.5M, will be used to further expand Paktor's product portfolio into social entertainment arena. Paktor is Asia's Tinder. The app launched in 2013 and claims to have 20M users.
by Yon Heong Tung
See full article at Yahoo! News Singapore
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Summarized by the Courtland Brooks team
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