Singapore’s PouchNation secures investment from TIX ID

Singapore-based PouchNation, an offline-to-online solution for events and recreational venues in Asia, has secured funding from Indonesian online movie ticketing platform TIX ID.

As part of the deal, TIX ID’s users will have access to not only cinema tickets but also event tickets from March 2020.

In addition, event promoters may also distribute their tickets on TIX ID, as well as work with PouchNation, which has offices in Singapore, Philippines, Indonesia, Malaysia, Vietnam and Thailand, at the events.

PouchNation will partner TIX ID, which has five million monthly active users, to offer event tickets on its platform from March 2020.

Ilya Kravtsov, chief executive at PouchNation, said, according to Tech Asia: “Our company’s vision is to build the largest tech-enabled live experiences ecosystem in Southeast Asia.”

The latest round follows its series B raise from Indonesian unicorn Traveloka and SPH Ventures last year.