Singapore's EDBI joins $133m round in iflix led by Hearst Communications

Singapore's EDBI joins $133m round in iflix led by Hearst Communications

iflix, a Malaysia-based subscription video on demand (SVoD) service for emerging markets, has closed a $133 million funding round led by Hearst Communications – a US-based media, information and services conglomerate – as well as new investors such as Singapore-based EDBI and clients of DBS Private Bank.

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