INFOGRAPHIC: Top Asian Startup Funding — Week 23, 2025
These are the funding deals we tracked in Asia this week — featuring Bolttech, Syfe, Udaan, Snitch, Battery Smart, Stable Money, GyanDhan, and Truely.
Asia’s startup ecosystem attracted over $437 million in fresh capital this week, led by standout deals in insurtech, wealthtech, and B2B commerce. Several companies also moved closer to profitability or IPO readiness, while others doubled down on infrastructure and fintech.
Singapore-based Bolttech led the charge with a massive $147 million Series C round, pushing its valuation to $2.1 billion as it plans to expand globally and co-develop embedded insurance solutions with Japan’s Sumitomo.
Not far behind, Indian B2B giant Udaan wrapped its Series G round at $114 million with plans to deepen its FMCG and HoReCa categories, grow private label growth, and move closer to a public listing.
Also based in Singapore, Syfe secured $80 million in Series C funding to improve its AI-powered investment tools and expand wealth services across the Asia-Pacific. Its recent acquisition of Australia’s Selfwealth signals a stronger push into cross-border wealth services for the “mass affluent.”
In the consumer retail space, Bengaluru-based Snitch raised $40 million in Series B funding to grow from 55 to over 100 stores, test quick commerce, and lay the groundwork for global expansion and initial public offering (IPO) plans.
EV infra player Battery Smart raised $29 million in Series B funding to scale its battery-swapping network across Indian cities, adding to the 74 million swaps it has already completed at 1,500+ stations.
Stable Money, another Bengaluru-based player, bagged $20 million in Series C funding to expand its fixed-return product suite, onboard new banking partners, and scale distribution across India.
Delhi-based GyanDhan also raised $5.8 million in Series A funding to grow its education lending operations in tier 2 and 3 cities and double its partnerships with financial institutions.
Closing the week, Singapore’s Truely brought in $2 million (round undisclosed) to boost its global eSIM service, improve network infrastructure, and launch localized pricing options.
With capital pouring into financial services, logistics, and mobility, this week’s deals suggest investors remain bullish on Asia’s infrastructure-driven innovation—especially as more startups scale beyond local markets.
