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Hello readers,
If you’ve been following this VC newsletter for a while, you’d most likely have noticed that while we have a section dedicated to M&As, we’re rarely able to obtain publicly available financial terms for those deals.
It reflects much of the rest of the startup world – valuations and acquisition deals are often highly secretive matters, so more often than not, we can only write that the amount was “undisclosed.”
This week, however, is a completely different story. In fact, it’s the first time I’ve seen an acquisition not only top our entire list of investment deals over the past week but do so with a truly stunning figure – so congratulations to the Chaitanya India Fin Credit team for securing such a successful exit.
Image credit: Timmy Loen
You can find all other important investment deals that happened over 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.
The biggest deals by market
🇨🇳 Inuchip, a Chinese microelectronics company, has raised US$71 million in series A money from Accurate Capital, Hefei Industry Investment Group, Jinxi Venture Capital, and Tianyu Digital Technology Dalian Group.
🇮🇳 Global Dental Services is an India-based dental network. It got US$50 million in strategic investment from Qatar Investment Authority.
🇯🇵 Knowledge Work is a SaaS provider of sales solutions that are based in Japan. It secured US$30 million for its series B round from Globis Capital Partners and World Innovation Lab.
🇰🇷 Habit Factory is an insurtech startup from South Korea. It scored a US$14 million series C round from K-Growth, KB Investment, Murex Partners, and Shinhan Venture Investment, among other investors.
M&As
Startups that are raising funds
Killer pitch decks
Exclusive listicles
Thoughtful reads
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