Singapore
On a year-on-year basis, the funding value dropped by about 69% from April 2023.
Dunzo-backer Blume Ventures looking to tap India's greying population
SEA Digest: Vietnam's Masan to divest German asset; SG-based CDL buys Paris hotel
IvyCap leads $4.8m funding in Celcius Logistics and other India deals
Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedan
TikTok creators go to court against impending sell-or-ban law in US
More Stories
CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
India: Multiples PE joins race to invest in furniture hardware firm Ebco
SE Asia Deal Review: Startup funding nosedives to record low of $227m in April
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
Haidilao hotpot restaurant operator Super Hi targets $1.38b valuation in US IPO
Greater China
Startup fundraising had a strong start in Q1 thanks to the three billion-dollar deals in March.
India
The deal volume at 115 during the month was highest since Sept 2022.
Larger-scale investments remain scarce as only one megadeal was registered last month.
Chinese startups raised a record $13.9b from 171 venture deals in the month.
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.