China leads investments while India dominates M&As

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Hello reader,

Any fellow Teamfight Tactics enjoyers out there?

I’ve been an avid player for about a year or two now, and one of my dreams is to be good enough to not just compete, but also make some money at it. Sadly, while there’s a decently large player base in Singapore, there isn’t any competitive scene or tournaments to participate in.

As such, another possibility is to improve my skills and try streaming my gaming sessions, with the hope of eventually getting noticed by an esports organization. It’s interesting because if you think about it, that’s kind of how M&As tend to happen too – a young startup with lofty goals and big traction does well enough to draw the attention of major players in the sector, and then the company gets “signed” over to a much larger organization.

And over the last week, many Indian startups seem to have reached this admirable goal.

You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

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The biggest deals by country

🇨🇳 VSPO, a Chinese esports event operator and service provider, secured US$265 million in strategic funding from Savvy Games Group.

🇮🇳 FreshToHome offers fresh, chemical-free seafood and meats. The India-based ecommerce firm got US$104 million in series D money from Amazon Smbhav Venture Fund, Ascent Capital, E20 Investment, Investcorp, Investment Corporation of Dubai, and Iron Pillar.

🇲🇾 Involve Asia, a performance marketing and analytics platform from Malaysia, raised US$10 million in bridge funding from 500 Global, Bintang Capital Partners, Monumental Productions, and Orbit Malaysia.

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M&As

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Startups that are raising funds

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Killer pitch decks

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Exclusive listicles

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Thoughtful reads