Bitsmedia, the creator of the widely popular Muslim lifestyle application (app), Muslim Pro in Singapore, has successfully secured $20 million in its Series A funding round.

This funding round saw participation from Asia-focused venture capital firm, Gobi Partners, alongside continued support from existing investors – CMIA Capital Partners, and Bintang Capital Partners, Bitsmedia said in a statement Thursday.

According to the statement, the newly injected funds will be dedicated to advancing Artificial Intelligence (AI) capabilities, enrich content offerings on Bitsmedia’s streaming platform, Qalbox, continuously develop educational features, and improve the Quran experience within Muslim Pro.

“Nurturing Bitsmedia’s growth and global footprint while serving the needs of our global Muslim community remains central to our vision,” said Nafees Khundker, Managing Director of Bitsmedia.

According to him, this investment is a testament to the firm’s commitment to pushing the boundaries of innovation and expanding its reach into key international markets such as the United States, United Kingdom, Indonesia and Malaysia, as well as new territories within the Gulf Cooperation Council (GCC) countries.

“The latest funds infusion, in collaboration with the industry’s best investors, puts us on the right track to achieving our vision of becoming the ‘Digital Home for All Things Muslim’,” he addded.

Fara Abdullah, Chief Executive Officer of Bitsmedia, added that their vision for Muslim Pro is to evolve into a comprehensive platform that meets the diverse needs of the Muslim community.

“This marks the beginning of our commitment to enhance the Muslim experience and drive deeper connections in their lives,” she added.

Headquartered in Singapore, Bitsmedia is recognized for its flagship product, the Muslim Pro app, which has amassed over 150 million downloads globally.

“At Gobi, our mission is to break barriers, level the playing field, and provide access for all. Over the years, we’ve identified a significant market opportunity in underserved digital needs within Muslim communities,

“Our investment in Bitsmedia underscores our commitment to TaqwaTech,” said Jamaludin Bujang, Managing Partner of Gobi (Malaysia).

According to the statement, CMIA Capital Partners and Bintang Capital Partners have also continued to collaborate with Bitsmedia since their initial investment in 2017, witnessing its evolution from a community app centered around the Quran, Qibla, prayers times and other utility features to a platform that now incorporates lifestyle, knowledge, and community-focused services.

“We see significant growth opportunities within the 2 billion-strong global Muslim community for Bitsmedia,

“Given its initiatives to leverage technology for community benefits, such as Qalbox’s content streaming service and the upcoming integration of AI, we are confident in Bitsmedia’s continued upward trajectory,” said Lee Chong Min, Managing Partner of CMIA Capital Partners.

Bintang Capital Partners Founder and Chief Executive Officer Johan Rozali-Wathooth also said that Bintang has clear impact objectives for its recent investment in Bitsmedia – to champion digital inclusivity for Muslims, foster stronger global ties through educational content about the Muslim world, and create high-value employment opportunities through the growth of Bitsmedia’s business.

“We hope to welcome Bitsmedia into the global B Corp community in the near future,” he said.

Singapore-based Bitsmedia announces significant milestone with 150 million downloads for its global lifestyle app