India
It plans to invest in the Series B-D stages, which face an acute funding gap.
1
Adani group shares fall as US SEC seeks to bypass Indian govt to serve summons
2
SEA Digest: Vietnam's Highlands Coffee; Indonesia's PT Merdeka Gold Resources weigh IPOs
3
SG Digest: GIC agent fined in S Korea; SGX plans board lot cuts
4
Indian payments infrastructure firm Juspay raises $50m from WestBridge Capital
5
Indonesian social commerce startup Evermos lays off nearly 40% staff
More Stories
Advantage Partners-backed Pharmaforte ropes in banker for potential sale
Singapore startup Level3AI bags $13m in seed round led by Lightspeed
Tokio Marine in talks to invest in SE Asian insurtech Igloo
IFC investing $34m in Malaysia’s Asia Pacific University
EQT expands into secondaries with Coller Capital acquisition
Singapore
BEENEXT, 500 Global, Sovereign’s Capital, and Goodwater Capital joined the round
SoftBank last invested in an Indian startup over three years ago.
World
The round values the company at $4.48b.
Greater China
Multiple state investors backed the Hangzhou-based startup.
Indonesia
It secured investments from Altara Ventures and Openspace Ventures.
Malaysia
GPs funded in the first EMP cohort were Vynn Capital, Kairous Capital, and First Move.
The deal marked a rare exit in Indonesia’s restaurant software and SaaS segment.
Rest of Asia
Company, which provides trading infrastructure, has raised $150m for expansion, M&A.
The Dec score was likely cyclical, as investors wrapped up deals ahead of a new year.