INFOGRAPHIC: Top Asian Startup Funding—Week 33, 2025
These are the funding deals we tracked in Asia this week—featuring Truemeds, Ultraviolette, Kimirica, Dashverse, Pronto, graas.ai, Nibertex, and HolmesAI.
Far from the slow funding pace in Latin America, the Middle East, and Africa, Asia’s startup scene is moving at full speed, with India driving a large share of the activity in recent weeks. This week alone, Indian startups pulled in about $145 million across a range of sectors.
At the top is Truemeds, an online pharmacy focused on generic drugs, which secured $85 million in a round led by Accel, with Peak XV Partners, WestBridge Capital, and InfoEdge Ventures also participating.
Not far behind, electric motorcycle maker Ultraviolette raised $21 million in an all-equity round led by TDK Corporation’s venture arm to fuel its global expansion.
Meanwhile, personal care brand Kimirica attracted $15 million from Carnelian Asset Management, and AI-powered entertainment startup Dashverse brought in $13 million in Series A funding from Peak XV Partners, Z47, and Stellaris Venture Partners.
Rounding out India’s funding spree, Pronto, a New Delhi-based app offering cleaning, laundry, and home services in under 10 minutes, closed an $11 million Series A, pushing its valuation from $12.5 million in May to $45 million.
While India grabbed the biggest headlines, Singapore and Hong Kong also posted notable deals. In Singapore, e-commerce tech startup graas.ai raised $9 million in a pre-Series B round led by Tin Men Capital, with Incred Wealth, Orzon, Integra Partners, and Yuj Ventures joining to support the rollout of its Agent Foundry platform in India.
The city-state also saw deeptech manufacturer Nibertex secure $7 million in Series A funding led by TNB Aura, alongside the Asian Development Bank, Faircrest Holding, and Foxmont Capital Partners, to scale production of PFAS-free textile membranes.
Over in Hong Kong, HolmesAI, a persona-based AI agent service, closed an undisclosed Seed+ round backed by Bitrise Capital, Waterdrip Capital, and CGV Fund, bringing its total raised to $3 million.
With Q3 already underway, the question is whether Asia’s startups can keep this momentum going, or push it even higher, in the months ahead.
