Funding Wrap of The Week | Asian Startups Funding Roundup | September 29 – October 4

Asian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Asian Startups Funding Roundup.

Azalea

Azalea Investment Management Pte. Ltd. (“Azalea”) is pleased to announce the successful final closings of Altrium Co-Invest Fund I (“ACF I”) and Altrium Growth Fund I (“AGF I”).

Salmon

Salmon, a leading provider of financial services and consumer lending products in Southeast Asia, has raised $30 million Series A-2 equity financing round from key institutional investors of the Company, including the International Finance Corporation (IFC) and Lunate of Abu Dhabi, with both committing amounts substantially over their pro-rata allocation rights.

Air Doctor

Air Doctor, provides a global medical network and makes it accessible for anyone looking for private medical care has secured $20 Million in Series B Funding round led by aMoon Fund and supported by key industry players like Tokio Marine Group, Samsung Ventures (SVIC), and current shareholders Lightspeed Venture Partners, Vintage Investment Partners, Phoenix Insurance, and Munich Re Ventures.

Waycool

WayCool, the only full-stack tech-led supply chain player in India has secured Rs 100 Cr debt Funding from Grand Anicut.

Basic Home Loan

Basic Home Loan, make home loans faster, stress-free & BASIC has secured $10.6 million (Rs 87.5 crore) in its Series B round led by Bertelsmann India Investments (BII), along with CE-Ventures.

Troo Good

Hyderabad-based millet snack brand, Troo Good has secured INR 72 Cr (approximately $8.6 million) in funding led by Oaks Asset Management, with participation from Puro Wellness and V Ocean Investments.

RD Technologies

RD Technologies announced the successful completion of its Series A1 financing, securing US$7.8 million. In this funding round, RD Technologies has secured strategic investments from prominent industry players like HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital.

First Circle

To expand digital financial services for small and medium-sized enterprises (SMEs) in the Philippines, the International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group, has invested $7 million into First Circle, a pioneering technology company providing smart banking solutions to SMEs in the country.

Clout Kitchen

Manila-based Clout Kitchen, a consumer AI startup has secured US$4.45 million in seed funding round co-led by a16z SPEEDRUN and Peak XV’s Surge, which also saw participation from AppWorks, Antler, Hustle Fund, Founders Launchpad, Orvel Ventures, Gabby Dizon (YGG), Kun Gao (Crunchyroll), Voyboy, Jankos, and Perkz.

Str8bat

The Bengaluru-based Sportstech startup Str8bat has secured $3.5 Million in a Series A funding round led by Exfinity Venture Partners, with participation from RTL, Eternal Capital, and VCats Group, along with existing investors Techstars and SucSEED Indovation Fund.

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