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Jonathan Chew · · 5 min read

Some unusual faces make our top deals list this week

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Hello reader,

Variety truly is the spice of life.

How many people can honestly say they’d be okay with doing the same things every single day? Imagine eating the same exact dish, three times a day, for the rest of your life. It’d be like living in some sort of Sisyphean nightmare.

That’s why it’s important that once in a while, things get switched up and new ideas or experiences get introduced.

This week’s list of top deals is one of those times. Normally, we see startups coming from the usual suspects of Indonesia, India, or Singapore, but this time around, only India made the list. Instead, the rest hail from less common markets like Japan, Australia, and even Turkey.

Let’s take a look at these fresh faces and their equally fresh funding.

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 market

🇮🇳 Avaada Energy, part of Indian energy conglomerate Avaada Group, secured US$535 million in refinancing from the National Bank for Financing Infrastructure and Development.

🇨🇳 Jingtaotao, a Chinese ecommerce platform, has raised US$69 million in seed funding from angel investors. Further details were not disclosed.


M&As


Startups that are raising funds


Behind the Glasswall


VC secrets, bootstrapping brilliance, and the digital banking revolution – it’s all here!


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TIA Writer

Jonathan Chew

Has a strange liking for grabbing tiny plastic things on wooden walls