About iflix
iflix is a company based in Kuala Lumpur (Malaysia) founded in 2014 was acquired by Tencent in June 2020.. iflix has raised $348 million across 9 funding rounds from investors including Tencent, Sky and Zain Group. iflix offers products and services including iflix App. iflix operates in a competitive market with competitors including Hulu, Netflix, MUBI, IQiyi and Viu Video, among others.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Image Future Malaysia Sdn. Bhd.
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Annual Revenue
$10.06 M (USD)-11as on Dec 31, 2023
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Net Profit
$1.09 M (USD)28as on Dec 31, 2023
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EBITDA
$766.58 K (USD)14as on Dec 31, 2023
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Total Equity Funding
$348 M (USD)
in 9 rounds
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Latest Funding Round
$50 M (USD), Series D
Jul 22, 2019
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Investors
Tencent
& 15 more
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Employee Count
Employee Count
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Acquired by
Tencent
(Jun 25, 2020)
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Products & Services of iflix
iflix offers a comprehensive portfolio of products and services, including iflix App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for streaming HD videos, series, and movies online
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Funding Insights of iflix
iflix has successfully raised a total of $348M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series D — $50.0M
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First Round
First Round
(22 Apr 2015)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series D - iflix | Valuation | Fidelity | |
| Apr, 2019 | Amount | Series D - iflix | Valuation |
investors |
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| Apr, 2019 | Amount | Series D - iflix | Valuation | Yoshimoto Kogyo |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in iflix
iflix has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Sky and Zain Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm
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Founded Year | Domain | Location | |
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by iflix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - iflix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iflix Comparisons
Competitors of iflix
iflix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hulu, Netflix, MUBI, IQiyi and Viu Video, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Video content is streamed through subscription-based OTT platform.
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| domain | founded_year | HQ Location |
Provider of streaming services for TV shows, movies, and documentaries
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| domain | founded_year | HQ Location |
Movies, shows, and on-demand content are streamed via mobile app.
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| domain | founded_year | HQ Location |
Subscription-based streaming of dramas, anime, movies, and shows is offered.
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| domain | founded_year | HQ Location |
Video streaming platform operated for on-demand entertainment access.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iflix
Frequently Asked Questions about iflix
When was iflix founded?
iflix was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is iflix located?
iflix is headquartered in Kuala Lumpur, Malaysia.
Is iflix a funded company?
iflix is a funded company, having raised a total of $348M across 9 funding rounds to date.
What is the annual revenue of iflix?
Annual revenue of iflix is $10.06M as on Dec 31, 2023.
What does iflix do?
iflix was founded in 2014 in Kuala Lumpur, Malaysia, within the digital entertainment sector. A subscription model is utilized to deliver video-on-demand services, with emphasis placed on first-run local films and original productions. Access is provided to a range of categories, including movies, TV series, dramas, and childrens programming. Operations extend across multiple regions, targeting audiences in Southeast Asia and beyond through its online platform.
What products or services does iflix offer?
iflix offers iflix App.
Who are iflix's investors?
iflix has 16 investors. Key investors include Tencent, Sky, Zain Group, Liberty Global, and PLDT.
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