India leads Asian startup funding with Uniphore raising $260 million amid a dip to $300 million this week.

India's funding performance remains strong, highlighted by Uniphore's $260 million Series F round. Meanwhile, overall funding saw a decline, but activity in Asia's startup ecosystem continues.

Sources:
Techloy
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Sources: Techloy
India's Uniphore has taken the lead in Asian startup funding by raising $260 million in its Series F round. The funding round featured notable investors such as NVIDIA, AMD, Snowflake, and Databricks. This significant influx highlights the country's vibrant tech ecosystem amid current challenges in the market.

However, the broader Asian startup scene is witnessing a downturn, with overall funding dropping to $300 million this week. In light of this decrease, the funding landscape shows varied performances. For instance, the healthy-snacking brand Wonderland Foods received ₹140 crore (around $16 million) led by Asha Ventures with backing from the British International Investment, a government initiative.

Elsewhere, in Indonesia, the cloud kitchen startup Hangry raised $10.5 million, while in Hong Kong, Riverchain secured $5 million. Despite a dip in funding, various innovative ventures continue to attract investment, reflecting an enduring interest in startups across the region.
Sources: Techloy
India has emerged as a leader in Asian startup funding, with Uniphore securing $260 million from investors including NVIDIA and AMD. This comes amidst a broader decline in startup funding, which has dipped to $300 million this week across the continent.
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Key Facts
  • India led the funding charts again this week, keeping up the momentum from last week’s surge.
  • This week’s total hovered around $300 million, a noticeable dip, though the energy across Asia’s startup ecosystem stayed alive.
  • Uniphore pulled in a massive $260 million in its Series F round from heavyweights like NVIDIA, AMD, Snowflake, and Databricks.Techloy
  • Wonderland Foods made its debut on the funding map, raising ₹140 crore (roughly $16 million) in a round led by Asha Ventures.Techloy
  • Hangry closed a $10.5 million Series A5 round in Indonesia, led by Alpha JWC Ventures.Techloy
  • Riverchain secured $5 million in Hong Kong in Series A funding led by Betatron Venture Group.Techloy
  • Space Quarters Inc., a deep-tech venture spun out of Tohoku University, raised $5 million in seed funding.Techloy
  • Ryder raised $3.2 million in seed funding.Techloy
The big story came from India’s Uniphore. The conversational automation platform pulled in a massive $260 million in its Series F round from heavyweights like NVIDIA, AMD, Snowflake, and Databricks.
Techloy
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