theAsianparent raises funding from Vertex Ventures, plans India expansion

Visual from the social media page of theAsianparent

Singapore state fund Temasek Holdings’ venture arm – Vertex Ventures – has invested an undisclosed amount, believed to be a seven-figure investment, in local online parenting publication theAsianparent.

Tickled Media, the publisher of theAsianparent, is set to use the capital raised in this round for expansion, especially its upcoming push into the Indian market.

In addition to theAsianparent, Tickled Media also publishes Kidlander.com and Pregnant.sg, The company says that nearly six million mums rely on its brands each month. At these numbers, theAsianparent is also the biggest digital parenting resource for mums across Southeast Asia.

Also Read: Vertex invests in China’s Ichuanyi & India’s Firstcry

Vertex Ventures and theAsianparent are set to make a formal announcement soon.

Its India launch, which is expected by the month-end will see the theAsianparent use a different branding – theIndusparent. Last year, the company had launched the AsianparentGroups, a new Q&A community for its customers, and this strategy is set to be replicated with theIndusparent edition as well.

Vertex, which has offices in Singapore, Beijing, Shanghai, Taipei, Bangalore, and the Silicon Valley, invests in both emerging companies as well as leading venture capital funds. It has pumped in over $1.2 billion into 350 plus startups as well as 90 third party VCs since it was set up.

Currently, a bulk of Vertex’s investments are in China. It had recently done three deals there, including joining $10 million Series B round in Shanghai-based female fashion e-commerce platform Ichuanyi.com.

Last month, Chinese mobile internet platform developer and operator NetDragon Websoft Inc raised $52.5 million in Series A funding for its online education subsidiary from a group of investors that included Vertex. In November 2014, Chinese e-commerce firm Metao.com had raised $30 million in Series B financing from a group of investors led by Vertex Venture.

Related Stories: 

Vertex Ventures invests in NetDragon subsidiary

Vertex launches $200m China VC Fund III

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.