Sydney, February 14, 2007 - Pulse Group, Asia's leading 'Research Process Outsourcing' and 'Online Panel' firm, today announced that it had received VC funding from JAIC (Japan-Asia Investment Corporation), Asia's leading Venture Capitalist firm. The funding involves a significant investment in Pulse, for an undisclosed sum. Bob Chua, Pulse CEO commented, "We are delighted with the partnership between Pulse and JAIC, as the injection enables us to further accelerate growth, and enhance our service offerings".
Pulse was established in Asia, and had quickly expanded coverage into the Pacific Rim and Europe. "The investment from JAIC allows us to blaze a growth-path in International expansion, panel growth, and strategic acquisitions" added Chua. "Our organic momentum has been increasing steadily, however, the capital injection will simply allow us to supersize and leapfrog ahead, taking us to the next level".
Hideaki Fujiyama, JAIC's Vice-President and new addition to the Pulse Board commented, "We’re extremely excited to be a part of the Pulse success story, reinforcing its war-chest for accelerated growth. The strong market conditions and company track-record lead us to believe that our financial backing materialized at an opportune time. We’re most excited about the future of Pulse". |
At the tender age of 32, Pulse Group CEO Bob Chua is well on the way to achieving his ambition of running a publicly listed company. He talks about how the recent "significant" investment from VC JAIC will be spent, growth opportunities in Asia-Pacific and in online, and his brand of entrepreneurism.
Click here to listen to the podcast. |
