Home Featured Top Slider Iflix raises $133M for its Netflix-style service for emerging markets

Iflix raises $133M for its Netflix-style service for emerging markets

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Tech Crunch reports: “Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business. Iflix was started in May 2015, initially in selected Asian markets. Today its streaming service is priced around $3 per month and available in 19 countries thanks to expansions into the Middle East and Africa. The business has raised close to $300 million from investors to date. It started out with a $30 million pre-launch round in 2015, before adding $45 million from Sky last year and completing a $90 million raise in March of this year.”

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