Asian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Asian Startups Funding Roundup.
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upGrad
India-based online education Platform upGrad has secured an additional $60 million in funding from Singapore-based sovereign wealth fund Temasek. upGrad has secured funding at USD 2.25 billion valuations.
Beltone Leasing and Factoring
Beltone Holding (“Beltone”) announces that its wholly owned subsidiary, Beltone Leasing and Factoring, has completed its first securitization issuance, raising EGP 1.33 billion.
Raya Foods
Raya Holding for Financial Investments has announced an investment of approximately $40 million in its portfolio company, Raya Foods, led by Helios Investment Partners, Africa’s largest investment fund. The exact amount will be determined by closing mechanics.
Stream.Security
Stream.Security, the leading provider of real-time cloud security solutions, today announced the closing of a $30 million Series B funding round led by U.S. Venture Partners, with participation from new investors, Citi Ventures, and existing investors, Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Partners VC.
Prypco
Dubai-based proptech firm Prypco has raised $10 million in a seed funding round led by Shorooq Partners, with participation from Apparel Group and other investors.
invygo
invygo, the Middle East’s leading car subscription platform, today announced its latest funding round in the form of an $8 million Series A extension.
Mala
The 1st B2B BNPL Platform in MENA, Mala has secured USD 7 million in funding in a Pre-Seed round, led by Venture Souq and supported by several notable investors such as M Capital, BECO Capital, Access Bridge Ventures, Palm Ventures, Shorouq Partners, Wad Investment, and the DGV fund.
ADVANCE.CBP
Singapore-based ADVANCE.AI’s Credit Bureau Philippines (ADVANCE.CBP) has secured US$4 million in a seed funding round from Archipelago Capital Partners, a Singapore-based fund manager investing in Southeast Asia.
COLABS
COLABS, Pakistan’s only venture-backed flexible workspace, has raised $2 million in a pre-Series A funding round led by Shorooq Partners, with participation from Saudi-based Waad Investment to fuel expansion into Saudi Arabia.
ConnectingDNA
Singapore-based health tech startup ConnectingDNA has secured US$550,000 in funding in a pre-seed round from an undisclosed investor.
FAQ’s
Name the Top 10 Asian Startups Funding Roundup in this week ?
upGrad, Beltone Leasing and Factoring, Raya Foods, Stream.Security, Prypco, invygo, Mala, ADVANCE.CBP, COLABS, and ConnectingDNA are the top 10 Asian Startups Funding Roundup in this Week
Which startup secured the most funding?
India-based online education Platform upGrad has secured $60 million in funding.
