India
Its previous fund had raised $2.8 billion in 2022 before being reduced by 16%.
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Singapore
The round was anchored by SYN Ventures and backed by Peak XV Partners.
The firm has backed nearly 30 Indian startups, including Yulu, Captain Fresh, and Plum.
The round was co-led by Kaya Founders and Iterative.
Woori Venture Partners, Washington University in St Louis, and Phillip Private Equity backed the round.
Greater China
The firm previously raised funding in August 2024 at a post-money valuation of about $2.2b.
Startups headquartered in Greater China raised less than $9.6b in the period.
POSHS Metal Industries has raised $5m from Aavishkaar Capital’s Global Supply Chain Support Fund.
The vehicle was backed by China’s state capital investors, listed firms and FoFs.
The latest financing follows a $10m Series B round last year.