theAsiaparent raises series C funding from global investors
theAsianparent, Southeast Asia’s community and content platform for mothers, has successfully raised millions of baht in an oversubscribed series C funding round. theAsianparent’s oversubscribed series C fundraise was on the back of significant strategic global investor interest.
“Over the years we have grown from a parenting blog into a multinational company with offices in 12 countries. Our move from a content platform to a social network wasn’t an easy one but has significantly accelerated our business to serve as a leading source of information for parents around Asia and the world. One thing that hasn’t changed is our focus on parenting from an Asian perspective,” said Roshni Mahtani, founder and chief executive of theAsianparent.
With the fresh funding, theAsianparent is aiming to drive its expansion into new markets in Asia, and Africa, as well as accelerate plans to further develop their recently launched app. Launched last September on the App Store and Google Play Store, theAsianparent app is currently the number one parenting app in Southeast Asia.
Since its launch, the company has expanded to 180 people across 12 countries and districts, including Singapore, where it is headquartered, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Hong Kong, Sri Lanka, India, Taiwan, Japan, and Nigeria. Since the launch of their first app with a focus on the parents and parents-to-be community, theAsianparent has become the go-to platform for parenting tips and tricks.