News Column

Mainspring Wins B Round Investment from Fosun Group

July 16, 2014

SHANGHAI, July 16, SinoCast -- Mainspring, a mobile Internet service provider headquartered in Jakarta, Indonesia declared B round financing from Fosun Group, which will be used for research and development of mobile Internet products and expansion in emerging market.

B round investors also included an angel investor and two funds from Southeast Asia.

Founded in 2011, Mainspring focused on mobile Internet service in Indonesia and other emerging market in Southeast Asia, currently operating mobile Internet applications and platforms as well as online games.

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Source: Sinocast Internet, Media & Online Services Beat (China)

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