Insignia Ventures Partners, an investment firm focusing on technology startups has raised $516 million to invest in tech startups in Southeast Asia. * The fund includes $388 million for Insignia's third fund, $28 million for an entrepreneurs' pool that invests alongside the main fund, and an Annex fund at $100 million.
Startups in Asia
Seedstars International Ventures, an investment firm based in Switzerland has raised $20 million of its $30 million Fund II target to invest in tech startups across the emerging markets in Asia, Africa, MENA, and Latin America. * The capital will be deployed to 100 startups building the future of finance, commerce,
BAI Capital (formerly Bertelsmann Asia Investment), an investment firm focusing on China has raised $700 million to invest in impact-making tech startups in China. * The firm will invest in retail tech, fintech, content, media, web3, metaverse, and local startups providing solutions in the renewable energy, self-driving, and software-led industrial space.
Auxano Capital, an India-based venture capital firm has raised $25 million in its new funding round to support tech startups and enterprises in India. * The fund will be invested in two forms: business classification (category creator, market creator and market owner) and stage of business (seed, pre-Series, Series A, and
Anipen, a South Korea-based metaverse startup has raised $8.3 million in its ongoing Series C funding round to improve its offerings. * The capital will be invested in advancing its metaverse content services and securing strategic partnerships globally. * Anipen is a deep learning metaverse platform developer with specialities in augmented
Creative Galileo, an India-based edtech startup offering content for early learners has raised $7.5 million in its Series A funding round to advance its operations. * The capital will be used to increase its talent team, add regional languages, invest in research and development, and expand its services to other
India-based venture capital firm, First Cheque has secured $4.75 million in its second fund from global investors. * The fund will be deployed as $100 thousand per startup, with a focus on first-time founders. * The firm will invest in 50 startups in the next 18 months, it claims. * First Cheque
Geekster, an edtech startup based in India has raised $1.3 million in its pre-Series A funding round led by Inflection Point Ventures. * The fund will be invested in building out its product offerings, hiring new talents, adding new programs, and building scalable learning platforms. * Founded in 2020, Geekster is
Fitterly, an India-based healthtech startup using its app to offer medical services has raised $12 million in its Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures. * The fund will be invested in growing its tech stack for generating insights and expanding the reach of its
Niyo, an India-based neo-bank startup providing financial services has raised $30 million in its new funding round from Multiples Alternate Asset Management, a private equity firm. * The fund will be invested in improving its products, increasing its user base, hiring new talents, and advancing its brands. * Niyo offers digital banking