India
The final corpus could be about $150m, sources said, against a target of $180m at launch in 2023.
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Endiya had first invested in Kissht in June 2017.
Greater China
Startup investments in Q1 surged to 714, the highest in at least six years.
Singapore
The round was led by Trinity Innovation Bioventure Singapore and SEEDS Capital.
Pronto had raised $25m in March.
Fund V is targeting a total corpus of $225 million.
Linkerbot completed a Series B+ round last week at $3b valuation.
DealStreetAsia had reported on the company’s fundraising plans in Sept.
I believe deeptech funds should ideally run 12-15 years, says founder Jeep Kline.
A host of domestic mutual funds and global investors participated in Kissht’s round.
