Content management software startup Quintype has raised $3.4 million in a Series A round led by IIFL AMC, while Steaker has raised $1 million in seed funding from individual investors.
Quintype raises $3.4m Series A, plans Singapore expansion
Quintype, a Bengaluru-based content management software startup, has raised a $3.4 million Series A round led by IIFL AMC, part of Indian wealth management firm IIFL Wealth Management, according to a press statement.
A portion of the Series A round will be used for Quintype’s expansion into Southeast Asia, with its first footprint in Singapore.
Digital consumer and advertising revenue in Singapore is expected to reach S$2.9 billion ($2.15 billion) in 2023. “As the digital hub of Southeast Asia, Singapore media publishers and content creators have been adopting a digital-first strategy, with the current pandemic accelerating the shift,” said Chirdeep Shetty, CEO of Quintype.
Launched in 2016, Quintype was founded by Raghav Bahl, a pioneer in the Indian media industry.
Quintype aims to provide fully-integrated software systems that enable professionals like writers, editors, and designers to distribute content online. The platform also offers an in-depth analytics feature that helps publishers make smarter content decisions to ultimately deliver a better digital experience.
Taiwan’s Steaker raises $1m seed funding
Steaker, a Taiwan-based crypto asset management platform has raised $1 million in seed funding from individual investors, according to a media report.
The individual investors include Jeffrey Huang, the Taiwanese-American music, entertainment and technology industry player. Huang is also the founder of MITH, the cryptocurrency and entertainment content network, as well as 17LIVE, the live video streaming mobile app.
Steaker was founded in 2019 by its CEO Wilson Huang, and it claims to have more than $50 million of assets under management (AUM).
The platform is partnering with other digital asset management companies, local crypto exchanges, and decentralised finance projects such as Cream Finance and WageCan. Steaker recently announced partnership with Taiwan’s asset management platform provider MaiCoin Group.