Bitsmedia raises US$20mil Series A led by CMIA Capital Partners, Gobi Partners and Bintang Capital Partners

Malaysia News News

Bitsmedia raises US$20mil Series A led by CMIA Capital Partners, Gobi Partners and Bintang Capital Partners
Malaysia Latest News,Malaysia Headlines
  • 📰 DNewsAsia
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Bitsmedia, the creator of Muslim lifestyle app, Muslim Pro, has secured US$20 million in its Series A funding round.

Bitsmedia raises US$20mil Series A led by CMIA Capital Partners, Gobi Partners and Bintang Capital PartnersFunds will advance AI capabilities and enrich content offeringsBitsmedia, the creator of Muslim lifestyle app, Muslim Pro, has secured US$20 million in its Series A funding round which sees participation from Asia-focused venture capital firm, Gobi Partners, alongside support from existing investors, CMIA Capital Partners and Bintang Capital Partners.

This sentiment is echoed by Fara Abdullah, CEO of Bitsmedia who said that the company’s vision for Muslim Pro is to evolve into a comprehensive platform that meets the diverse needs of the Muslim community, adding that this marks the beginning of the firm’s commitment to enhance the Muslim experience and drive deeper connections in their lives.

Meanwhile, CMIA Capital Partners and Bintang Capital Partners have continued to collaborate with Bitsmedia since their initial investment in 2017, witnessing its evolution from a community app centered around the Quran, Qibla, prayers times and other utility features to a platform that now incorporates lifestyle, knowledge, and community-focused services.said, “We see significant growth opportunities within the 2 billion-strong global Muslim community for Bitsmedia.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DNewsAsia /  🏆 23. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UTM partners with Cisco to introduce hybrid learningUTM partners with Cisco to introduce hybrid learningUniversiti Teknologi Malaysia (UTM) has expanded its partnership with Cisco to usher in a new era of hybrid learning for its students. Six pilot classrooms at UTM have been transformed into state-of-the-art smart classrooms with Cisco's technologies.
Read more »

WhatsApp partners with feng shui master, gives tips for the year to each Chinese zodiacWhatsApp partners with feng shui master, gives tips for the year to each Chinese zodiacWhatsApp has partnered with Hong Kong feng shui master Thierry Chow to give each animal from Rat to Pig in the Chinese Zodiac some chat-themed tips for the new year.
Read more »

Ditrolic Energy partners with BlackRock's Climate Finance Partnership for solar portfolio developmentDitrolic Energy partners with BlackRock's Climate Finance Partnership for solar portfolio developmentDitrolic Energy Holdings has entered into an agreement with BlackRock's Climate Finance Partnership to expand its solar assets in Asia Pacific. The partnership aims to mobilize capital for climate infrastructure projects.
Read more »

Historical Penang Free School Partners with Crypken for Blockchain-Powered CertificatesHistorical Penang Free School Partners with Crypken for Blockchain-Powered CertificatesPenang Free School (PFS) has partnered with Crypken Sdn Bhd to introduce blockchain-powered certificates, bringing a more secure and student-centric approach to credentialing. PFS becomes the first educational institution in Malaysia to integrate this technology, providing students with tamper-proof digital credentials alongside traditional hard copies.
Read more »

Suria Capital shares up after sealing deal for RM4.2b mixed KK commercial project: ReportSuria Capital shares up after sealing deal for RM4.2b mixed KK commercial project: ReportKota Kinabalu: Suria Capital Holdings Bhd's shares reportedly inched up to RM2.15 on Wednesday after the Sabah ports operator made two shareholders' agreements with BEDI Development Sdn Bhd, a 75% owned unit of EXSIM Development Sdn Bhd, for the development of prime land within the Kota Kinabalu Port area.
Read more »

Capital A improves its ESG ratings following revamp in strategyCapital A improves its ESG ratings following revamp in strategyCapital A was awarded a GOLD Environmental Sustainability rating from the Centre for Aviation in its 2023 CAPA-Envest Global Airline Sustainability Benchmarking Report.
Read more »



Render Time: 2025-02-14 22:18:33