India
The round was led by Singapore-based venture capital firm Elev8.vc.
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OneStack’s round was led by Pentathlon Ventures, with participation from Yatra Angel Network.
NuVentures has backed Indian startups such as Third Wave Coffee, BigBasket, HomeLane, and Acko.
Rest of Asia
JAC was established in 2023 by a former Carlyle Group executive in Japan.
Greater China
Lanchi Ventures and Qiming Venture Partners were the lead investors in the round.
It is also planning an IPO in the US to raise $400m this year.
The firm has invested in startups such as Servify, mCaffeine, and Pernia’s Pop-Up Shop, among others.
Singapore
Betterteem secured funding from Malaysia’s 1337 Ventures.
The funding also saw participation from Titan Capital Winners Fund and Incubate Fund Asia.
Yuan Longping plans to sell a 34% stake in its wholly-owned subsidiary Derit Seeds to Mitsui & Co.
