The Singapore-based premium dating platform plans to ramp up presence in existing markets as well as expand to one new market
Singapore-based dating services provider Lunch Actually has raised an undisclosed 7-digit Series A round from Japanese social media network and publisher of mobile game Monster Strike mixi; and ASX-listed Singapore-based VC Fatfish.
The newly-raised capital will be used to increase its presence in existing markets — Singapore, Malaysia, Thailand and Indonesia — as well as expand to one new market in Asia. In addition, it will be ramping up marketing and hiring efforts.
First established in 2004, Lunch Actually operates a suite of dating services including its bread-and-butter dating consultation service, online matchmaking platform esync, and dating app LunchClick.
Lunch Actually claims to have more than half a million users and a five-fold revenue growth since 2011.
Despite its optimistic outlook, the dating company attracted controversy in the online community over claims of poor customer services and hard-sell tactics.
Lunch Actually, however, vehemently defended itself in an exhaustive article on Vulcan Post.
Image Credit: LunchActually
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