Editor's take: The week that was — April 13-18
Startup financing in Greater China hit a 15-month high in March, with funding surging 45.9% from February. Several major deals and fundraisings were also reported across Southeast Asia and India.
Startup financing in Greater China reached a 15-month high in March, with nearly $7.8 billion raised through 284 deals. Funding surged 45.9% from February, driven by a sharp recovery in deal volume and large-ticket transactions. Southeast Asia also saw a significant increase in capital raised, with total funding surging 4X to $582.2 million. In India, startups raised more from mega deals despite fewer transactions in Q1, indicating a shift towards concentrated, high-value bets. Several major fundraisings were reported, including Creador's planned $1 billion fund and Lanchi Ventures' $560 million dual-currency fund. The IFC is also considering a senior loan of up to $25 million in a private debt fund targeting fintech lenders in Southeast Asia.
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