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# Asian Deals Roundup: Zepto, Xpressbees, OnFinance AI, and more
- URL: https://www.techloy.com/asian-startup-funding-daily-deals-roundup-nov-8-2023/
- Published: 2023-11-08T11:22:54.000Z
- Updated: 2023-11-08T11:22:54.000Z
- Author: Emmanuel Oyedeji
- Tags: / News, Tech in Asia, / Money

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

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### Quick commerce startup Zepto raises over $31 million

Quick commerce unicorn Zepto has secured an additional $31.25 million in funding from current investors, including Goodwater Capital and Nexus Venture Partners. This funding round comes on the heels of a significant $200 million raise in August, involving a similar lineup of investors like Goodwater Capital, Nexus Venture Partners, and StepStone Group, which valued the company at $1.4 billion, making it India's first unicorn of 2023.

### LivSYT raises $2.5 million in seed round

[LivSYT](https://livsyt.com/index.html), a hyperbaad-based construction management startup that offers cloud-based software solutions to expedite construction project completion, has raised $2.5 million in a seed round from Silicon Valley Quad and Inventus Capital.

### Indian Cybersecurity firm Sequretek raises $8 million

Mumbai-based Cybersecurity solutions provider [Sequretek](https://sequretek.com/) has raised $8 million in a series A funding round led by Omidyar Network India. The funds will be used to push higher adoption of its solutions and scale its global operations and go-to-market strategies.

### Xpressbees raises $80 Million from Teachers’ Venture Growth

India's fastest-growing e-commerce-focused logistics company, [Xpressbees](https://www.xpressbees.com/), has bagged $80 million in its Series G round from Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan to help drive further growth.

### Peak XV’s Surge leads a $4 million seed round in Vaaree

[Vaaree](https://www.bing.com/ck/a?!&&p=f81e9250a70e5392JmltdHM9MTY5OTIyODgwMCZpZ3VpZD0yZTVkOTZmZi1kMWUxLTYwMTEtMzU0Yy04NTg3ZDBmNTYxMDEmaW5zaWQ9NTE5Nw&ptn=3&hsh=3&fclid=2e5d96ff-d1e1-6011-354c-8587d0f56101&psq=Vaaree&u=a1aHR0cHM6Ly92YWFyZWUuY29tLw&ntb=1), an Indian online platform that offers home products, has raised $4 million in a seed round led by Surge, a scale-up program by Peak XV Partners and other investors including PeerCapital, All In Capital, and Better Capital.

### OnFinance AI raises $1.05 million in a seed round

Based in Bengaluru, India, [OnFinance.ai](https://onfinance.ai/), a provider of generative AI SaaS solutions, has raised $1.05 million in a seed round led by Silverneedle Ventures and IAN with participation from notable investors, including LetsVenture Fund, SSV Fund, and Kunal Shah (CRED), along with some marquee angels.

### Singapore's Entropica Labs raises $4.7 million in a Series A round

Singapore-based quantum software company, [Entropica Labs](https://entropicalabs.com/), has raised $4.7 million in a series A funding round from Liftt, Wavemaker Partners and others to develop tools for error correction and fault tolerance in quantum computing.

### Authentick raises $4 million in a seed round

[Authentick](https://authentickator.com/), a Singaporean NFT authentication firm, has come out of stealth mode and announced a $4 million seed funding round led by Menyala, a venture-building platform backed by Temasek.

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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.*