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Hello reader,
When we talk about the startup ecosystem in Asia Pacific, we often think of Asian markets like India, China, Singapore, and Hong Kong and forget about those in the Pacific.
While they create a buzz from time to time, it’s rare to see startups from this often-overlooked part of the region make the charts.
This week is special, though, with two companies from New Zealand and Australia breaking into our top five. If this happens more frequently, perhaps it’s a good sign that the region is on an upswing across the board.
Image credit: Timmy Loen
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.
The biggest deals by country
🇮🇳 Swiggy, a food ordering and delivery startup based in India, has secured US$606 million in funding from HDFC Life, ICICI Prudential Life Insurance, ICICI Prudential Mutual Fund, Kotak Securities Limited, and Mirae Asset Financial Group, among others.
🇨🇳 DeepRoute, a Chinese self-driving car company, has locked up a US$100 million investment from an undisclosed automaker.
🇳🇿 Crimson Education, an edtech platform based in New Zealand, has raised US$39 million in a series D round from Five Sigma, Heal Partners, HighSage Ventures, Icehouse Ventures, Movac, and US News.
M&As
Startups that are raising funds
Behind the Glasswall
Going fast – Redeem your free ticket before it’s gone
Exclusive listicles
Thoughtful Tidbits
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