AnyMind Group, the parent company of Singapore-based AdAsia Holdings, is planning to raise $40 million to $50 million in a series B round by the middle of this year, the company’s co-founder and chief operating officer Otohiko Kozutsumi told DEALSTREETASIA.
The proceeds from the series B round will be used for market expansion, product development and to pursue mergers and acquisitions at a much larger scale than it did with its Series A funds.
