February 2023

With the exception of China, where a $3.1b mega deal propped up deal value, startup fundraising was muted across Asia in Feb. In India, fundraising fell 25% MoM to $866m, while SE Asian startups raised $409m, down 44% from Jan. Deal volume, too, was down in both regions. Chinese startups raised $6.7b in Feb—up 23.1% MoM and the highest since Sept 2022—from 222 deals.

Click on the map to view the reports.

At $866m in Feb, fundraising stood below $1b for the first time since July 2022 — a sign of weak sentiment

Thanks to a $3.1b mega deal, fundraising in Feb rose 23.1% MoM to $6.7b. Deal volume was up 16.2% to 222

Startup funding plunged 44% to $409m in Feb, while deal count also dipped to 55 from Jan’s 58

Deal Barometer Reports




DealStreetAsia Partner Content

‘In an era of virtual dealmaking, stakeholders tend to be more transparent’ – DFIN’s Peter McMillan

Over half the deals in the next 3 months will be hosted virtually according to 79% of the respondents in DFIN’s DealMaker Meter Survey. Peter McMillan, Head of Sales for APAC at DCIN speaks of the advantages of virtual dealmaking as well as the pitfalls to be avoided, in an exclusive interview with DealStreetAsia

Webinar transcript: ‘Q2 and Q3 this year will show us reality’ – Venturi Partners’ Rishika Chandan
Titled ‘Market sentiment update: What Q1 2022 can tell us about the second half of the year and beyond’, the panel included Conrad Tsang, founder and chairman, Strategic Year Holdings; Rishika Chandan, managing director, Venturi Partners; Dimitra Taslim, VP, GGV Capital; and Peter McMillan, MD and head of sales for APAC at Donnelley Financial Solutions (DFIN).

Capital Markets Insights

DFIN Insights
Initial Public Offerings: Considerations for Business Owners and Executives Taking Their Company Public

Going public is an enormous turning point for any company, and yet the questions business owners and executives ask when considering an initial public offering, or IPO, are remarkably similar, regardless of company size or industry.

Read Article.

DFIN Insights
DFIN DealMaker Meter 2023: Optimism Prevails Despite Uncertainty

Understand global dealmakers’ sentiment about current market conditions, identify top industries and geographies that are considered more active for deal activities, and y-o-y comparisons in the latest DFIN DealMaker Meter report.

Read Article.

DFIN Insights
Get the DFIN 2023 SEC Filing eCalendar

DFIN's all-new 2023 SEC Filing eCalendar is designed to help you keep track of all your SEC filing dates – simply choose your filer type and fiscal year end date to view an exact filing schedule that aligns with the requirements from the SEC. Digitally add your company’s specific SEC filing dates directly to your calendar, and share with your teams to stay ahead of filing deadlines.

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DFIN Insights
How DFIN helped PT Bayan Resources streamline the contract review process

In a recent interview with DFIN eBrevia and Venue Virtual Data Room client, Oliver Khaw, Head of Legal and Director at PT Bayan Resources Tbk headquartered in Indonesia, we explored how the use of LegalTech has helped the firm enhance corporate governance and drive better management visibility.

Read the full Q&A.