Asumsi Obtains Additional Funding from East Ventures, to Launch Live Streaming Platform

Asumsi digital media startup received additional funding from East Ventures. The value is said to reach $700 thousand or around 10 billion Rupiah. Previously, the startup founded by Pangeran Siahaan had secured pre-seed funding in September 2020.

Fresh funds will be focused on expanding media operations and strengthening the engineering team to create a more interactive platform. Asumsi targets to launch a live streaming platform in mid-2022. The platform is highly customizable to streamers' needs, and viewers can access interactive features such as tipping, Q&A, and quizzes.

"As a media company with video as its main product, we recognize several limitations in interacting with viewers, especially during live streams. With the live streaming platform, Asumsi can continue to encourage the involvement of various elements of society in public spaces," Asumsi's Founder & CEO, Pangeran Siahaan said.