> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# INFOGRAPHIC: Top Asian Startup Funding—Week 25, 2025
- URL: https://www.techloy.com/infographic-top-asian-startup-funding-week-25-2025/
- Published: 2025-06-20T15:37:04.000Z
- Updated: 2025-06-20T15:37:04.000Z
- Description: These are the funding deals we tracked in Asia this week — featuring Salmon, Aspora, Spinny, Mahaveer Finance, Oben Electric, Instapay, Dugar Finance, Saswat Finance, Illumine, and Darwix AI.
- Author: Oluwaseun Bamisile
- Tags: / Startups, Tech in Asia, / Money

Asia’s startup ecosystem saw a wave of funding activity this week, with about **$215.6 million** raised across fintech, healthcare, mobility, cleantech, and AI sectors. Startups from India dominated the volume of deals, while the Philippines led in deal size.

Leading the funding headlines is **Salmon**, a fintech company based in the Philippines, which secured **$88 million** to expand its digital lending and financial services across the country. Following closely is **Aspora**, an India-based cross-border digital payments startup, which raised **$50 million** in a **Series B** funding round. 

India’s **Spinny**, a used-car retail platform, raised **$30 million in Series F** funding to strengthen operations. Another Indian startup, **Mahaveer Finance**, also secured **$23 million** in a **Series C** funding round to improve its in-house credit system, open more branches across South India, and provide accessible loans to people.

![](https://storage.ghost.io/c/c1/a6/c1a6d111-d951-41ad-a392-c1e841210b93/content/images/2025/06/INFOGRAPHIC_Top-Asian-Startup-Funding-----Week-25--2025.png)

In the electric vehicle space, **Oben Electric** closed a **$12 million Series A** round to open over 150 showrooms in 50 cities across India. On the fintech front, **Instapay**, a digital payments startup based in India, raised **$3 million** in a **Series A2** funding round to grow its services and expand into new countries. 

Meanwhile, India-based **Dugar Finance** brought in **$3 million in debt funding** to help grow its EV and rooftop solar loan services. Still in the fintech startup scene, Mumbai-based **Saswat Finance** secured **$2.6 million** in a pre-**Series A** funding round to expand its operations, improve its technology, and launch new financial products. 

On the other hand, Bengaluru-based **Illumine**, a startup using AI to improve childcare, raised **$2.5 million** in **seed funding t**o speed up product development and support the company’s plans to expand internationally. 

Rounding out the week, **Darwix AI**, a generative AI startup for sales and customer service conversations from India, secured **$1.5 million** in **seed funding** to improve its product and grow into new markets.