India
Dip in proceeds from megadeals led to the QoQ fall in deal value.
1
US considers adding Shein, Temu to 'forced labour' list
2
South Korea's Krafton leads $53m funding in Indian digital payments firm Cashfree
3
CVC agrees to sell digital platform OANDA to FTMO
4
Data centre demand drives Keppel's annual profit higher
5
responsAbility ramps up climate tech investments in Asia
More Stories
Grab and GoTo said to have revived merger talks with 2025 deal in sight
SoftBank-backed Carro said to gear up for billion-dollar IPO plan
FTI Consulting takes over as eFishery’s acting management amid alleged fraud probe
Temasek, CenterSquare launch commercial real estate debt co-investment vehicle
Greater China
Privately held firms raised almost $11 billion through 239 deals in Dec.
Singapore
Three megadeals lifted total fundraising value in Dec 2024.
There were three megadeals during the month.
India has the third largest fintech ecosystem globally, after the US and the UK.
Six megadeals contributed to 75.5% of the capital secured in the month.
Deal volume, however, was down 19% from October.
The deal volume was also the lowest in the last 12 months.
However, deal value was down about 46% YoY.
The first 10 months of 2024 saw startups in Greater China secure $43.8b.
