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# Asian Deals Roundup: Axiata, Euler Motors and Bull Agritech
- URL: https://www.techloy.com/asian-startup-funding-daily-deals-roundup-nov-6-2023/
- Published: 2023-11-06T16:45:21.000Z
- Updated: 2023-11-06T16:45:52.000Z
- Author: Emmanuel Oyedeji
- Tags: Tech in Asia, Roundup, / Money

Although Asian startup funding faced a tough start in 2023, witnessing a sharp [decline of 50% compared to the previous year](https://www.techloy.com/asian-startup-funding-in-first-half-of-2023/), things appear to be picking up in the second half of 2023.

Here are the startup and venture deals we tracked across the Asian region today.

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### Malaysia's Axiata Digital & Analytics raises $58 million

Japanese conglomerate Mitsui has made a substantial investment of $58 million in **Axiata Digital & Analytics (ADA)**, the data and AI unit of Malaysian telecommunications giant Axiata. The deal which was made through Axiata Digital Services (ADS), ADA’s parent company, increases Mitsui’s stake in ADS to 20%. In turn, Mitsui holds a 12.69% stake in ADA.

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### Indian EV manufacturer Euler Motors raises Rs 120 Crore

Indian electric vehicle manufacturer **Euler Motors** has revved up its growth trajectory by securing an impressive Rs 120 crore (approximately $14.5 million) in an extended Series C funding round co-led by British International Investment (BII) and Blume Ventures. New investors including Green Frontier Capital and other existing investors also participated in the round. The round follows a $60 million Series C round in September 2022.

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### Delhi-based Agritech startup Bull Agritech raises 100K

Indian agritech firm **Bull Agritech** has raised $100K in a pre-seed round led by startup accelerator PedalStart to fuel its expansion. This round was led by startup accelerator PedalStart, as Bull Agritech is part of PedalStart’s current cohort, One-to-N, which is supported by venture capital funds.

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*Follow our full coverage of the [Asian startup and technology scene](https://www.techloy.com/tag/asia/) and get up to date with what's happening in the key markets within the region.*