(‘MNC Media Group’), Majuven, and Convergence Ventures.Paktor’s latest round of funding will be used to fuel its aggressive expansion plans into North Asia markets — Japan and Korea, further Indonesia’s sales and marketing efforts and meet rapidly increasing demand for its online-to-offline (O2O) services in 7 existing markets — namely Singapore, Malaysia, Indonesia, Vietnam, Thailand, Taiwan and Korea.
Currently, its full suite of services includes a mobile social dating app, web dating platform and O2O events such as premium one-to-one matchmaking, networking events, curated experiences for singles by partners, coaching workshops and personalised consulting services across all markets.
With the expansion of its O2O services and aggressive mobile push, the group is expected to surpass 8-digit USD net revenue in 2016.
Vertex focuses on investing in disruptive opportunities mainly in the Information Technology, Mobile, Digital and Healthcare sectors.
With its long history of venture investing experience and coupled with providing the right amount of financial and business support, Vertex has built and nurtured many young start-ups into leaders and champions in its industries.
PRESS RELEASE Singapore, 11 July 2016 – Paktor Pte Ltd (‘Paktor’), Asia’s fastest growing full-service lifestyle and social dating platform announced it has closed US$10 million in its latest funding round.