Singapore
On a year-on-year basis, the funding value dropped by about 69% from April 2023.
Didi co-founder Liu steps down after decade as president & board director
Editor's take: The week that was—May 13-18
ShawKwei & Partners leans on secondaries amid a more favourable environment
Vertex Ventures launches $64m inaugural Japan-focused fund
Crypto lender Genesis to return $3b to customers in bankruptcy liquidation
More Stories
Singapore’s finance admin startup Osome raises $17m in Series B+ round
Indonesian investment firm Saratoga said to be exiting Antangin maker Deltomed
Haidilao restaurant operator Super Hi’s shares surge 38% in strong US market debut
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.