Startup company Quintype nets US$3.4m for Singapore expansion
The company recently completed its Series A investment round.
Content management startup Quintype announced the completion of its Series A investment round led by IIFL AMC, with part of the garnered US$3.4m sum to be used for expansion in the ASEAN region starting with Singapore.
As digital consumer and advertising revenue in Singapore are expected to reach $2.9b in 2023, the Bengaluru-based company eyes this potential expansion as a way to help digital media publishers move from traditional content management systems and dated technological infrastructures into a more digital playing field.
“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. With Quintype’s state-of-the-art solutions, we hope to help more local digital publishers to create the best content experience for their audience,” Quintype chief executive officer Chirdeep Shetty said.
Quintype has served over 200 publishers across the world to deliver a seamless content experience for over a billion readers every month.