Jan 11, 2011

[e27] SingTel Innov8′s first investment is 2359 Media

e27 1/11/2011
So the news broke late yesterday that SingTel’s venture unit, Innov8, has made its first investment. The fund spent SGD800,000 (around US$615,000) for 28.57 percent of 2359 Media, a mobile advertising and publishing company, in a Series A round. SingTel announced the investment in a filing with the Singapore Exchange.

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