India
Its previous fund had raised $2.8 billion in 2022 before being reduced by 16%.
1
Musk's xAI in talks to raise close to $20b from investors
2
Kuwait Petroleum unit buys 25% stake in China's Wanhua Chemical Group
3
India's Mahindra to buy 59% stake in SML Isuzu for $65m
4
TikTok Shop said to be entering Japan soon
5
Editor’s Take: The Week That Was—Apr 21-26
More Stories
Vietnam’s Masan to list its consumer unit by Q3, drops The Crown X listing
Startup funding in Greater China nearly halves in Q1
Will trade war put a pause on global GPs’ fundraising attempt in Asia?
Maya Bank’s first profitable quarter boosts faith in PH digital lenders
Current market dislocation presents long-term opportunity, says Sun Hung Kai & Co. exec
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.
