# Digital News Asia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digital-news-asia

- Industry: Media
- Headquarters: Petaling Jaya, Malaysia
- Website: www.digitalnewsasia.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Nov 10, 2014)
- Investors on record: 1

## About

Digital News Asia is a media company focusing on delivering news and insights related to the digital economy, startup ecosystem, and technology innovations in Southeast Asia.Founded in 2012 in Petaling Jaya, Malaysia, Digital News Asia provides news and analysis on the digital economy and has undergone strategic pivots to enhance its content offerings. Co-founded by Edwin Yapp and Karamjit Singh, the company raised USD 0.3 mn in Seed funding from Idea River Run on November 10, 2014, bringing the total amount raised to USD 0.3 mn.Digital News Asia delivers a range of solutions aimed at promoting digital economic activities, particularly enhancing micro, small, and medium enterprises (MSMEs) in Malaysia. Their offerings include co-investment initiatives that support startup funding and platforms designed for corporate innovation and technology applications, catering to entrepreneurs, corporate partners, and gig economy workers in the Southeast Asian market.In 2022, Digital News Asia generated a revenue of USD 122,689.3, with an EBITDA of USD 30,157, reflecting its strategic partnerships and co-investment models that involve collaborative funding structures and transaction fees from capital raised.Digital News Asia aims to launch new products focused on enhancing digital media engagement and expanding its reach within Southeast Asia. The recent funding of USD 0.3 mn will support these initiatives, with plans to enhance their digital platforms and services. The company is particularly targeting growth in markets such as Indonesia and the Philippines by the end of 2025.

## Funding rounds

- Seed, Nov 10, 2014, $0.3M — Idea River Run

## Investors

- Idea River Run (https://capitalatlas.ai/funds/idea-river-run) — Seed