The Southeast Asian company aims to follow a $30m PLDT-backed round with $150m in growth funding and could target other telecoms investors.
Malaysia-based video streaming platform iFlix is seeking $150m in new funding, after raising $30m earlier this year from investors including telecommunications firm Philippine Long Distance Telephone Company (PLDT), TechCrunch reported today,
The company launched its Netflix-like service in June this year, and registered more than 650,000 users across Malaysia, the Philippines and Thailand between then and the end of October, according to the a pitch deck to investors dated in November.
PLDT co-led the $30m round with Catcha Group,…
