Singapore
Larger-scale investments remain scarce as only one megadeal was registered last month.
India Digest: Lyskraft raises $26m; Capria Ventures closes India Opportunity Fund at $19m
Meituan looking to hire in Saudi Arabia for bigger bite of global market
India Digest: Advent International eyes stake in Apollo 24/7; InCred marks first close of PE fund
Tech exits in Vietnam to improve amid increased M&A appetite, finds report
MatchLog Solutions snags $1.5m funding and India deals worth $113m
More Stories
India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
Greater China
Chinese startups raised a record $13.9b from 171 venture deals in the month.
India
The deal volume, however, slipped on account of fewer early-stage transactions.
The amount raised from 63 transactions last month represents a 56% increase from Jan.
Privately-held firms raised $2.9b from venture investors in Feb., the lowest since May 2023.
Only one megadeal, raised by Shadowfax, was announced in the month.
The region’s startups raised $246m from 61 deals.
Investors started 2024 with a pinch of caution that steered them away from big-ticket transactions.
At 100, deal volume was up 32% over Dec when startups had scooped up $1.1b from 76 transactions.
The funding was buoyed mainly by the $634m that Lazada pocketed from parent Alibaba.