> ## 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.

# Weekly Roundup: Asian tech news and startup deals
- URL: https://www.techloy.com/weekly-roundup-asian-tech-news-and-startup-deals-6/
- Published: 2022-02-05T21:09:00.000Z
- Updated: 2022-04-18T20:09:45.000Z
- Author: Techloy
- Tags: Tech in Asia, / Startups, / Money, Roundup

Here are the technology news, startup, and VC deals we tracked across the Asian region this week.

- **Matrix Partners China**, one of the largest venture capital firms in Asia, is looking to raise at least $1.5 billion for its largest fund ever.
- India-based logistics startup **Moglix** raised $250 million in Series F funding round, at a valuation of $2.6 billion, led by Tiger Global and Abu Dhabi-backed Alpha Wave Global.
- Indian subscription management and recurring billing platform **Chargebee** raised $250 million in its Series H round co-led by Tiger Global and Sequoia Capital, with participation from Insight Partners, Sapphire, and Steadview Capital, at a valuation of $3.5 billion.
- Ecommerce firm **FirstCry** raised a $240 million secondary funding round from India’s sovereign wealth fund –The National Investment and Infrastructure Fund (NIIF).
- South Korean internet giant **Naver Group** is launching a $100 million fund for metaverse creators through its Naver Z subsidiary.
- Indian Edtech startup **Scaler**, which offers upskilling courses to working professionals in India, raised a $55 million Series B round at a $710 million valuation.
- India-based logistics platform **Loadshare** raised $40 million in a funding round led by Tiger Global, to further invest in hiring, building logistics technology, and adopting more electric vehicles into its fleet.
- Indian fintech app **Jar** raised $32 million in its Series A financing round led by Tiger Global.
- Online experiences marketplace for travelers based in India, **Headout** raised $30 million in an extended Series B round led by Glade Brook Capital.
- China's **Ractigen Therapeutics** raised $30 million in a Series A round led by Entrée Capital, with participation from Flint Capital, Homeward Ventures, Almeda Ventures, Operator Partners, and others.
- India's **Vyapar**, an accounting software for both mobile and desktop, raised $30 million in a Series B round led by WestBridge Capital, with participation from IndiaMart, India Quotient, Fortytwo VC.

---

*[The Draft](https://www.techloy.com/tag/the-draft/)* provides a weekly roundup of the most important tech news across key emerging markets in Africa, Asia, Eastern Europe, Latin America, and the Middle East. Follow the rest of our coverage [@techloy](https://twitter.com/techloy) on Twitter.