Education portal EasyUni looking to raise Series B funding
At least US$1.6 mil wished; China, UK and US markets to be centered Option of a list or change sale nevertheless on the cards for CEO Edwin Tay HAVING kicked off his pressure for Series B investment at Echelon 2014 in Singapore ultimate month, searching out an quantity north of US$1.6 million (RM5.1 million), matters have end up very clear to Edwin Tay, leader executive officer of education portal EasyUni.com. “The average Malaysian Series A funding could be considered a seed spherical with the local venture capitalists (VCs) primarily based in Singapore,” he says. Another interesting difference is in the attitude in relation to how startups must use the money they have raised. “The VCs I spoke to at Echelon had been surprised I still had cash from the Series A raised 18 months ago,” says Tay. While this could be attributed to EasyUni becoming coins waft high quality considering that March, Tay acknowledges that it nonetheless would have its Series A cash even if it had ...