Funding Wrap of The Week | Asian Startups Funding Roundup | 23 March – 28 March

Asian startups secure investment in different funding rounds from venture capital firms and angel investors to grow their businesses and scale up to be more successful in Asia and worldwide. Below are the top 10 Asian Startups Funding Roundups for this week.

Asian Startups Funding Roundup

OSN

Warner Bros. Discovery (WBD) will buy a 30% share in Dubai-based OSN Streaming Limited to expand its presence in the Middle Eastern entertainment market. The deal, worth $57 million, will be completed in stages and is pending regulatory approval.

smallcase

smallcase announcing a $50M Series D funding led by Elev8 Venture Partners with participation from new investors, State Street Global Advisors & Niveshaay AIF and existing investors Faering Capital & Arkam Ventures.

Apna Mart

Apna Mart, a franchise-based grocery and FMCG chain, has raised Rs 214.5 crore (around $25 million) in a funding round led by Fundamentum Partnership Fund and Accel with support from other investors.

Valeo Health

Valeo Health, a leader in AI-driven healthcare, has raised $12 million in its Series B funding round, bringing its total funding to $20 million. The company, co-founded by Sundeep Sahni, Nadine Karadag and Ankur Majumder, is changing the way personalized data-driven healthcare is delivered in the region.

Grow Indigo

Grow Indigo, India’s leading science-based sustainable agritech startup, has raised INR 830 Million (approx. USD 10 Million) from British International Investment (BII), the UK’s development finance institution and impact investor. This strategic funding will accelerate the expansion of Grow Indigo’s transformative carbon farming business across India.

NKN Media

NKN Media, a major media company, has raised AED 35 million and plans to raise another AED 50 million to speed up its global growth and develop new intellectual properties.

enza

enza, a leading innovator in African payment solutions, announced that it has secured a $6.75 million investment in a seed equity round co-led by Algebra Ventures and Quona Capital.

Brevel

Israeli climate foodtech company Brevel has raised an additional $5 million, bringing its Seed round total to $25 million.

Nayla Finance

Nayla Finance, a fintech company making it easier for small businesses to get funding, has raised $4M in seed funding from Sanabil Venture Studio by Stryber. The money will help grow their products and business, build their loan book, and provide needed capital to micro-businesses in Saudi Arabia.

Lumi AI

Lumi AI, a platform that helps brands and retailers analyze their ERP data, has raised $3.7 million in seed funding.

Conclusion

From March 23 to 28, Asian startups received varied funding. From fintech to deep tech, the region remains robust and ready to attract more investors next week. This increase in funding is a testament to the continuing opportunities for startups in Asia. Next week, we will provide the Asian Startups Funding Roundup, highlighting Asia’s startup ecosystem.

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