Jungle Ventures

The round marks OneByZero’s first external funding.

This comes as it aims to raise between US$50 million and US$100 million to fund an expansion strategy centered on acquisitions across the Asia-Pacific.

Escape Plan, launched in May 2025, plans to expand its omni-channel presence across online marketplaces, D2C channels, and offline stores.

The round was led by Singapore’s Jungle Ventures and UAE-based CE-Ventures, with participation from Rubamin and Mayank Singhal of PI Industries.

Founded in 2022, BRIK had previously raised US$11.5 million in a pre-series A and US$4 million in seed funding.

Of the total, US$12 million came from equity at a US$100 million valuation, while US$8 million was secondary funding.

This week’s On the Rise spotlights the leading VCs in SEA and analyzes the effect of AI agents in the fundraising process.

East Ventures, Jungle Ventures, and Cocoon Capital achieved the best returns among Southeast Asian peers.

Infinity Fincorp operates 120 branches across eight states in India.

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