After 8 years of incubation and investment, Netrove exits its seed stage investment into the mobile chat social networking company which has grown from a single market to multiple markets in Asia and being a leader in mobile social networking.
Netrove’s Chairman, Mr Teh, commented, “It has taken longer than we expected to exit from this venture but it was interesting to see how the underlying business model changed with the market conditions. We wish Frenclub and its shareholders well in their continuing new journey.”
