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Gushcloud, Azure launch fund to support digital creators
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Gushcloud, Azure launch fund to support digital creators

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Gushcloud International has announced a partnership with Singapore-based Azure Capital to establish the Azure-Gushcloud Entertainment Finance Fund.

This initiative aims to provide financial support to high-potential digital creators to help them grow their businesses sustainably.

The fund is intended to assist creators in diversifying their income sources, building intellectual property, and expanding their reach in the global market.

Azure Capital, led by its founder and CEO Terence Wong, previously launched the Azure-Lyte Fund in 2019 to finance professionals.

Recent Gushcloud developments

Timeline
28-May-2024 📈 Gushcloud posts $33m revenue, losses widen to $4.4m in 2022
  • Gushcloud revenue grew 19% to US$33.5M in 2022
  • Net losses widened 141% to US$4.4M amid rising costs
18-Sep-2019 🚀 Gushcloud banks $11m to expand talent management service in the US, China
  • Gushcloud raises US$11 million for global expansion
  • Promotes co-founders; Russell Simmons joins as president
31-Jul-2019 🌟 Gushcloud weathered a PR disaster. It’s now growing and profitable.
  • Gushcloud recovered after a major PR crisis.
  • Now expanding into talent management and production.
19-Nov-2018 💼 Gushcloud founders pay $8m to buy back startup 3 years after selling it
  • Gushcloud reacquires 62% stake from YDMG.
  • Co-founders aim for strategic growth beyond marketing.
02-Oct-2012 🌐 Gushcloud
  • Gushcloud connects users with brands since 2011.
  • Social network allows sharing of ‘gushworthy’ content.

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