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Bintang Capital founder Johan Rozali-Wathooth

KUALA LUMPUR: Bintang Capital Partners Bhd has completed its investment into Bitsmedia Holdings Ltd to support the latter’s launch of Qalbox, a streaming service which celebrates the diversity of Muslim identities and cultures globally.Bintang, the private equity arm of AHAM Asset Management Bhd said the investment was made via its maiden fund, BCP Asia Fund I L.P (BCP Asia), an equity growth fund anchored by Dana Penjana Nasional.Bitsmedia, which is an existing portfolio company of Bintang, is a technology company known globally as the developer and publisher of Muslim Pro, the world’s leading lifestyle application, serving the global Muslim community across 190 markets.The investment round was jointly led by BCP Asia and CMIA Capital Partners, and forms part of Bitsmedia’s growth capital fundraising round.“The launch of Qalbox marks a revolutionary step in Bitsmedia’s evolution since Bintang made our inaugural investment in the company five years ago. Qalbox is set to provide Muslims with high quality, wholesome Muslim-inspired content through a highly innovative multi-channel platform,” Bintang founder Johan Rozali-Wathooth said in a statement.“We believe that through Qalbox, we can potentially create massive social impact by streaming content that entertains and inspires Muslim communities all over the world, whilst bringing them closer together. It is also an unparalleled opportunity for us to showcase the diversity and variety of Muslim culture and lifestyles to a truly global audience,” he added.


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    皇冠官网(www.hg108.vip)
    (2023-02-06 03:51:14) 1#

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