fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Content & Games

Indonesian content creators’ platform TipTip secures $10m in Seed funding

Team AsiaTechDaily by Team AsiaTechDaily
29 March 2022
in Content & Games, Featured
0
TipTip
148
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

TipTip, a one-stop platform for content creators across Southeast Asia, today announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever.

This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV, and prominent family offices.

TipTip was founded by Albert Lucius, where he brought his extensive experiences in the tech industry, including his successes in making a breakthrough impact through Kudo, which was acquired by Grab in 2017.

Currently, TipTip operates in Indonesia and Singapore and has amassed a team of more than 70 employees.

TipTip aims to be the go-to platform for creators to monetize their passions through personalized video sessions, the sale of premium digital contents, and direct interaction opportunities with their followers.

It also serves as the solution to fill the massive features gap faced by content creators across emerging economies throughout Southeast Asia, such as lack of monetization opportunities, limited local payments & KYC integrations, as well as challenges related to content creation & distribution over mobile devices.

“We are elated to receive this round of funding and the trust from the investors prior to the public launch of TipTIp. It has further strengthened our belief in the potential of the content creator economy, and how the solutions offered by TipTip can serve as a one-stop solution for all content creators in the region,” said TipTip founder Albert Lucius.

The investment will accelerate TipTip in tapping into the content creator economy in the region. The company is currently preparing for its upcoming by invitation exclusive launch in April 2022. It will also be followed by the public launch for the Indonesian market shortly after. Moreover, the funding will also be utilized to expand its team and accelerate platform adoption.

Commenting on the investment, Willson Cuaca, Co-Founder and Managing Partner of East Ventures said, his firm believes in the potential of the content creator economy in the region, especially in how it has been accelerated during the Covid-19 pandemic.

“It is obvious to us that some of the consumer behavior that formed during the pandemic will stay beyond the pandemic, TipTip is well-positioned to capture that. This is a product for the post-pandemic world that was designed during the pandemic,” he pointed out.

What are your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Previous Post

Singapore esports startup Ampverse raises $12m in Series A funding

Next Post

B2B ecommerce startup GrowSari raises $77.5m to expand further in the Philippines

Related Posts

PAG
Featured

PAG, First Solar agree to landmark renewable energy deal in Japan

May 18, 2022
Sea Limited
Featured

Sea Limited posts 64.4% year-on-year revenue growth in Q1 2022

May 17, 2022
Blinq
Featured

Australia’s Blinq raises A$5m to build simple, shareable identities

May 17, 2022
Qoala
Featured

Indonesian insurtech startup Qoala raises $65m in Series B round

May 13, 2022
Chainalysis
Blockchain

Blockchain data platform Chainalysis bags $170m in GIC-led funding

May 13, 2022
Good Startup
Featured

Singapore VC Good Startup closes alt protein fund at $34m

May 12, 2022
Next Post
Growsari

B2B ecommerce startup GrowSari raises $77.5m to expand further in the Philippines

Discussion about this post

No Result
View All Result

FREE NEWSLETTER

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo