Bubble Motion Raises USD 10M from Singtel Innov8 and IIPL

Mobile social communication company Bubble Motion has just raised a USD 10M (SGD 12.6M) round of funding led by SingTel Innov8, the communications giant, SingTel Group’s corporate venture capital fund. This round also includes IDA’s Infocomm Investments (IIPL), Sequoia Capital, Palomar Ventures, and NGC.

Bubble Motion is already working closely with several large associates within the SingTel Group, including Bharti Airtel in India, Telkomsel in Indonesia, and Globe in the Philippines.

Since Bubble Motion launched Bubbly™ in 2009, its flagship voice-based social messaging service, it has gained over 7 million users across 4 countries (India, Indonesia, Japan and Philippines) and has delivered more than 250 million “bubble messages” through its service.