{"id":3925,"date":"2024-06-14T01:17:22","date_gmt":"2024-06-14T01:17:22","guid":{"rendered":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/?page_id=3925"},"modified":"2024-06-14T06:14:59","modified_gmt":"2024-06-14T06:14:59","slug":"report-india-may-2024","status":"publish","type":"page","link":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-india-may-2024\/","title":{"rendered":"India Deal Review: At $1.9b, startup fundraising in May hits nearly two-year high"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3925\" class=\"elementor elementor-3925\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3b5f848 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"3b5f848\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d377be0\" data-id=\"d377be0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e9804d9 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"e9804d9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-2e6c818\" data-id=\"2e6c818\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a5ba58 elementor-widget elementor-widget-heading\" data-id=\"2a5ba58\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\"><h1 style=\"margin-right: 0px; margin-bottom: 1.8125rem; margin-left: 0px; padding: 0px; font-weight: 700; line-height: 1.19; font-size: 2.25rem; color: rgb(33, 37, 41); font-family: Montserrat, system-ui, -apple-system, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, Arial, &quot;Noto Sans&quot;, sans-serif, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Noto Color Emoji&quot;; white-space-collapse: collapse;\">India Deals Barometer Report: At $1.9b, startup fundraising in May hits nearly two-year high<\/h1><\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a6ec843 elementor-widget elementor-widget-image\" data-id=\"a6ec843\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1958\" height=\"1100\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/india.png\" class=\"attachment-2048x2048 size-2048x2048 wp-image-3915\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/india.png 1958w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/india-300x169.png 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/india-1024x575.png 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/india-768x431.png 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/india-1536x863.png 1536w\" sizes=\"(max-width: 1958px) 100vw, 1958px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-b7820ee\" data-id=\"b7820ee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e0f1be1 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"e0f1be1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-1b79b7d h-100\" data-id=\"1b79b7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ce75793 elementor-widget elementor-widget-text-editor\" data-id=\"ce75793\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>By <a href=\"#\">Pramugdha Mamgain<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-43ae895 elementor-widget elementor-widget-text-editor\" data-id=\"43ae895\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>June 05, 2024<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3312e6a elementor-widget elementor-widget-html\" data-id=\"3312e6a\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"card-footer bg-white div-social-icons d-print-none\">\r\n    <ul class=\"nav\">\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\" target=\"_blank\"><i class=\"fa fa-facebook-f\"><\/i><\/a>\r\n        <\/li>\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\" target=\"_blank\"><i class=\"fa fa-twitter\"><\/i><\/a>\r\n        <\/li>\r\n\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\"><i class=\"fa fa-envelope\"><\/i><\/a>\r\n        <\/li>\r\n        <li>\r\n            <div class=\"dropdown-social\">\r\n                <a class=\"nav-link dropdown-toggle\" type=\"button\" id=\"dropdownMenuButton1\" data-bs-toggle=\"dropdown\" aria-expanded=\"false\"><i class=\"fa fa-share-alt\"><\/i><\/a>\r\n                <div class=\"dropdown-menu dropdown-menu-right\" aria-labelledby=\"dropdownMenuButton1\">\r\n                    <a href=\"#\" target=\"_blank\"><i class=\"fa fa-reddit-alien fa-2x\"><\/i><\/a>\r\n                    <a href=\"#\" target=\"_blank\"><i class=\"fa fa-linkedin fa-2x\"><\/i><\/a>\r\n                    <a href=\"#\" target=\"_blank\" data-action=\"\/share\/whatsapp\/share\"><i class=\"fa fa-whatsapp fa-2x\"><\/i><\/a>\r\n                <\/div>\r\n            <\/div>\r\n        <\/li>\r\n\r\n    <\/ul>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-0c1e279 less-content\" data-id=\"0c1e279\" data-element_type=\"column\" id=\"showContent\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a38e8d5 elementor-widget elementor-widget-text-editor\" data-id=\"a38e8d5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>After encountering periods of uncertainty and slowdown, startup fundraising in India hit its highest in nearly two years at $1.9 billion in May as a result of a spurt in megadeals, according to proprietary data compiled by DealStreetAsia. The big-ticket deals had dried up over the last seven quarters owing to a prolonged funding winter.<\/p><p>Fundraising in May marked a growth of about 73% over April when startups had collectively garnered $1.1 billion across 115 private equity and venture capital transactions. At 128, the deal volume in May was also the highest since November 2022.<\/p><p>Even as the deal value stood at a mere $2.61 billion in the Jan-March quarter, marking a drop of 11% from $2.94 billion in the previous quarter, fundraising has been on an upward trajectory since January this year, signalling a thawing funding winter.<\/p><p>On a year-on-year basis, the investments rose about 23% in May, while the volume jumped 42%, the data revealed.<\/p><p>Big-ticket deals made a comeback in May with at least six startups securing $100 million plus in funding during the month, including e-commerce companies <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Flipkart<\/a> and <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Meesho<\/a>, insurtech startup <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Go Digit General Insurance<\/a>, data collaboration software startup <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Atlan<\/a>, dialysis chain <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">NephroPlus<\/a>, and deep tech enterprise startup <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">SEDEMAC<\/a>. These startups together raked in $1 billion or 53% of the total deal value in the month.<\/p><h3 style=\"text-align: center;\">Top 10 deals in May 2024<\/h3><p><img decoding=\"async\" class=\"aligncenter size-full wp-image-398649\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/06\/top-deals.jpg\" alt=\"\" width=\"1841\" height=\"1002\" \/><\/p><p>Walmart-backed Flipkart raised $350 million from <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Google<\/a>, making it the top deal of the month. The Google investment is part of a nearly $1-billion funding round that Flipkart kicked off in 2023. <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Walmart<\/a> led the round with a $600 million investment late last year.<\/p><p>No startup earned the unicorn tag in May.<\/p><h3><strong>Retail makes it to the top<\/strong><\/h3><p>Retail, which includes both offline and online commerce, pipped financial services to emerge as the most funded industry in the month, with a total of $678 million funding across 16 transactions as against $66 million in the previous month.<\/p><p>Flipkart led the industry with $350 million in funding from Google, followed by Meesho, which secured $275 million in a new funding round. The latest funding for Meesho is part of a larger financing round that is likely to include secondary transactions and reach over $500 million, TechCrunch reported. The startup is being valued at about $3.9 billion in the latest round.<\/p><p>Other notable deals within retail include <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">TechnoSport<\/a> ($21 million), <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Libas Fashions<\/a> ($18 million), and <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">High Street Essentials<\/a> ($6 million).<\/p><p><img decoding=\"async\" class=\"alignnone size-full wp-image-398628\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/06\/industry.jpg\" alt=\"\" width=\"1314\" height=\"881\" \/><\/p><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-398629\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/06\/verticals.jpg\" alt=\"\" width=\"1323\" height=\"820\" \/><\/p><p>Automobiles and parts industry, too, moved up to occupy the second spot with $237 million in funding across seven deals, marking a more than four-fold increase in funding over April. Auto components and powertrain controls manufacturer SEDEMAC secured the highest funding by raising $100 million led by <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Xponentia Capital Partners<\/a>, <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">A91 Partners<\/a> and <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">360 ONE Asset<\/a>. The deal marked a full exit for the company\u2019s first institutional investor Nexus Venture Partners. Sedemac&#8217;s other backers TR Capital and Montane Ventures also scored a complete exit with the latest round.<\/p><p>Meanwhile, financial services slipped to the third spot with $214 million in funding across 17 transactions in May from $312.6 million across 20 transactions in April.\u00a0 Micro-finance lender <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Annapurna Finance<\/a> led the pack with $72 million in funding from <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Piramal Alternatives<\/a>, a unit of the Ajay Piramal-controlled Piramal Group.<\/p><p>Education-focused fintech firm <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Propelld<\/a> followed with $25 million debt funding for its licensed non-banking financial company (NBFC) unit Edgro. Edgro raised the amount from nine lenders including Credit Saison India Private Limited, AU Small Finance Bank, InCred Financial Services Limited and Northern Arc Capital Limited.<\/p><p>Other prominent deals within financial services include <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Kinara Capital<\/a> ($24.4 million), <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Navi Finserv<\/a> ($18 million), <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Save Group<\/a> ($13 million), <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Lendingkart<\/a> ($10 million), Dvara KGFS ($10 million) and Infinity Fincorp ($8 million).<\/p><h3><strong>Uptick in growth-stage deals<\/strong><\/h3><p>A spurt in megadeals signalled a potential revival in funding sentiments during the month. Companies in Series B or post-Series B rounds (including Flipkart, Go Digit General Insurance, and Meesho) collected an aggregate of $1.02 billion across 14 transactions in May as against $464 million through 15 investments in April.<\/p><p>Among other startups that closed growth-stage deals in the month include Atlan ($105 million), Battery Smart ($45 million), Euler Motors ($24 million), Zypp Electric ($15 million), Rebel Foods ($13.2 million), and Niqo Robotics ($13 million).<\/p><p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-398632 size-full\" src=\"https:\/\/dealstreetwebsite.s3.amazonaws.com\/uploads\/2024\/06\/stage-1.jpg\" alt=\"\" width=\"1152\" height=\"648\" \/><\/p><p>The deal value of pre-Series A and Series A transactions remained unaltered at $94.7 million. Their volume, however, increased to 26 in May from 24 in April. In the largest Series A deal, oncology-focused artificial intelligence company Triomics raised $15 million from Lightspeed, Nexus Venture Partners, General Catalyst and Y Combinator.<\/p><p>Other prominent Series A deals include Superplum ($15 million), Turno ($6 million), DiFACTO ($4.8 million), and Matel ($4 million).<\/p><p>Breaking it up further, pre-seed and seed rounds scooped up $49.6 million across 26 transactions in the month, down about 50% from $99 million in the previous month. In the largest seed round, UnifyApps raised $11 million led by Elevation Capital, with additional support from business angels and the company\u2019s founders.<\/p><p>Debt deals were also down in May to $161.7 million across eight transactions as against $187.2 million across 13 transactions in April.<\/p><h3>Top investors<\/h3><p><a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Venture Catalysts<\/a>, along with its accelerator fund 9Unicorns (now <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">100Unicorns<\/a>), emerged as the top investor in May with at least seven investments, including deep-tech robotics and AI company <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Perceptyne<\/a>, online paan company <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">The Betel Leaf Co<\/a>, ice popsicle maker Skippi, healthtech startup Humors Tech, on-demand drone delivery and logistics firm TechEagle, credit underwriting company AbleCredit, and AI-driven mixed reality (MR) publishing platform Flam.<\/p><p>Startup investing platform <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Inflection Point Ventures<\/a> occupied the second spot with six investments,\u00a0including drone technology startup <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">TechEagle<\/a>, agritech startup Fresh From Farm, reengineered tyre startup Regrip, online paan company The Betel Leaf Co, cybersecurity startup Treacle, and tea brand Freshleaf Teas.<\/p><p><a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">Alteria Capital<\/a>, <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">British International Investment (BII)<\/a>, <a href=\"https:\/\/www.dealstreetasia.com\/countries\/india\">DeVC<\/a>, Elevation Capital, SIDBI Ventures, and Venture Highway recorded at least three deals each.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c209b1 elementor-align-center viewReport elementor-widget elementor-widget-button\" data-id=\"3c209b1\" data-element_type=\"widget\" id=\"viewReportIndia\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">View Report<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-051d2f5\" data-id=\"051d2f5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section 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class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf88951 elementor-widget elementor-widget-html\" data-id=\"bf88951\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"card-footer bg-white div-social-icons new d-print-none\">\r\n    <ul class=\"nav\">\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\" target=\"_blank\"><i class=\"fa fa-facebook-f\"><\/i><\/a>\r\n        <\/li>\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\" target=\"_blank\"><i class=\"fa fa-twitter\"><\/i><\/a>\r\n        <\/li>\r\n\r\n        <li>\r\n            <a class=\"nav-link\" href=\"#\"><i class=\"fa fa-envelope\"><\/i><\/a>\r\n        <\/li>\r\n        <li>\r\n            <div class=\"dropdown-social\">\r\n                <a class=\"nav-link dropdown-toggle\" type=\"button\" id=\"dropdownMenuButton1\" 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class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-699aebb elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"699aebb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-bdccbbd\" data-id=\"bdccbbd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-290f7e1\" data-id=\"290f7e1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-26a5bda elementor-section-full_width dealPartner-Section elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"26a5bda\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-03cbb4d\" data-id=\"03cbb4d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9012104 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"9012104\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-431c50b\" data-id=\"431c50b\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b8ce7cd elementor-widget elementor-widget-heading\" data-id=\"b8ce7cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">DealStreetAsia Partner Content<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2743274 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"2743274\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-24b7903\" data-id=\"24b7903\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12d745a cover-fit-img elementor-widget elementor-widget-image\" data-id=\"12d745a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.dealstreetasia.com\/partner-content\/virtual-dealmaking-dfin-peter-mcmillan\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"587\" height=\"444\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/artical-img1.jpg\" class=\"attachment-full size-full wp-image-73\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/artical-img1.jpg 587w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/artical-img1-300x227.jpg 300w\" sizes=\"(max-width: 587px) 100vw, 587px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-3b26227\" data-id=\"3b26227\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-09ae862 elementor-widget elementor-widget-heading\" data-id=\"09ae862\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">\u2018In an era of virtual dealmaking, stakeholders tend to be more transparent\u2019 \u2013 DFIN\u2019s Peter McMillan<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-867d010 elementor-widget elementor-widget-text-editor\" data-id=\"867d010\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Over half the deals in the next 3 months will be hosted virtually according to 79% of the respondents in DFIN&#8217;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<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bc8836 elementor-widget elementor-widget-button\" data-id=\"3bc8836\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.dealstreetasia.com\/partner-content\/virtual-dealmaking-dfin-peter-mcmillan\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Read Article ...<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a0c6836 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"a0c6836\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-04f3e7d\" data-id=\"04f3e7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ee102e1 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"ee102e1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ed346b5\" data-id=\"ed346b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-999d093\" data-id=\"999d093\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1017fab top-shadow elementor-widget elementor-widget-image\" data-id=\"1017fab\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.dfinsolutions.com\/?utm_source=marketing&#038;utm_medium=Paid-Displayt&#038;utm_offer=Website-Form&#038;utm_touch=DealStreetAsia-barometer-ads&#038;utm_content=from-idea-to-ipo&#038;utm_campaign=2021_Q3_APAC_GCM_PaidContent_Barometer&#038;sfcampid=7013b000001ZRmHAAW\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024.jpg\" class=\"attachment-full size-full wp-image-3851\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024.jpg 1920w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-300x169.jpg 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-1024x576.jpg 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-768x432.jpg 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/05\/IPO_LabtoListing_GrayBkgrd_1920x1080_April2024-1536x864.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-92d59aa\" data-id=\"92d59aa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-be0199e elementor-section-full_width elementor-section-content-middle elementor-section-height-default elementor-section-height-default\" data-id=\"be0199e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9f981aa\" data-id=\"9f981aa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a238297 elementor-widget elementor-widget-image\" data-id=\"a238297\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"393\" height=\"528\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/mailbox.png\" class=\"attachment-full size-full wp-image-174\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/mailbox.png 393w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2021\/10\/mailbox-223x300.png 223w\" sizes=\"(max-width: 393px) 100vw, 393px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-cbfa670\" data-id=\"cbfa670\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-032a1a2 elementor-widget elementor-widget-heading\" data-id=\"032a1a2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Bring stories like this into your inbox every day.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e906af elementor-widget elementor-widget-heading\" data-id=\"2e906af\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Sign up for our newsletter - The Daily Brief<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-048ae0f elementor-widget elementor-widget-button\" data-id=\"048ae0f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" 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.elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-cf5642e elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"cf5642e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2f5636a\" data-id=\"2f5636a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b5451f elementor-widget elementor-widget-text-editor\" data-id=\"7b5451f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Venture Capital<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dea15d5 elementor-position-left related-box elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"dea15d5\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-image-box .elementor-image-box-content{width:100%}@media (min-width:768px){.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper,.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{display:flex}.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{text-align:right;flex-direction:row-reverse}.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper{text-align:left;flex-direction:row}.elementor-widget-image-box.elementor-position-top .elementor-image-box-img{margin:auto}.elementor-widget-image-box.elementor-vertical-align-top .elementor-image-box-wrapper{align-items:flex-start}.elementor-widget-image-box.elementor-vertical-align-middle .elementor-image-box-wrapper{align-items:center}.elementor-widget-image-box.elementor-vertical-align-bottom .elementor-image-box-wrapper{align-items:flex-end}}@media (max-width:767px){.elementor-widget-image-box .elementor-image-box-img{margin-left:auto!important;margin-right:auto!important;margin-bottom:15px}}.elementor-widget-image-box .elementor-image-box-img{display:inline-block}.elementor-widget-image-box .elementor-image-box-title a{color:inherit}.elementor-widget-image-box .elementor-image-box-wrapper{text-align:center}.elementor-widget-image-box .elementor-image-box-description{margin:0}<\/style><div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-china-may-2024\/\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"1960\" height=\"1100\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/china.png\" class=\"attachment-full size-full wp-image-3916\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/china.png 1960w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/china-300x168.png 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/china-1024x575.png 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/china-768x431.png 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/china-1536x862.png 1536w\" sizes=\"(max-width: 1960px) 100vw, 1960px\" \/><\/a><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-china-may-2024\/\">China Deals Barometer Report: Startup funding slumps 32% to a record low in May<\/a><\/h3><p class=\"elementor-image-box-description\">Venture capital funding for privately-held firms across mainland China, Hong Kong, Macau, and Taiwan plunged 32% to $2.5 billion in May over the previous month, as China\u2019s uneven economic growth and ongoing geopolitical tensions weighed on investor sentiment. This was the lowest amount raised by Chinese startups since DealStreetAsia started tracking deals of all sizes in April 2020. \n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3a38c60\" data-id=\"3a38c60\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0312bf elementor-widget elementor-widget-text-editor\" data-id=\"f0312bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Venture Capital<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7ed5ef elementor-position-left related-box elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"b7ed5ef\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-se-asia-apr-2024\/\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"1956\" height=\"1098\" src=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/sea.png\" class=\"attachment-full size-full wp-image-3914\" alt=\"\" srcset=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/sea.png 1956w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/sea-300x168.png 300w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/sea-1024x575.png 1024w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/sea-768x431.png 768w, https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-content\/uploads\/2024\/06\/sea-1536x862.png 1536w\" sizes=\"(max-width: 1956px) 100vw, 1956px\" \/><\/a><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.dealstreetasia.com\/dealsbarometer\/report-se-asia-apr-2024\/\">SE Asia Deals Barometer Report: Startup funding rebounds to five-month high of $878m in May<\/a><\/h3><p class=\"elementor-image-box-description\">Southeast Asian startups continued to see a subdued funding environment in April, as the total private capital raised during the month plunged to $227 million, the lowest this year and down 54% month on month, according to proprietary data collated by DealStreetAsia.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>India Deals Barometer Report: At $1.9b, startup fundraising in May hits nearly two-year high By Pramugdha Mamgain June 05, 2024 After encountering periods of uncertainty and slowdown, startup fundraising in India hit its highest in nearly two years at $1.9 billion in May as a result of a spurt in megadeals, according to proprietary data [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3915,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-parts\/elementor-sidebar-template.php","meta":{"footnotes":""},"deals-type":[],"class_list":["post-3925","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages\/3925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/comments?post=3925"}],"version-history":[{"count":7,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages\/3925\/revisions"}],"predecessor-version":[{"id":3945,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/pages\/3925\/revisions\/3945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/media\/3915"}],"wp:attachment":[{"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/media?parent=3925"}],"wp:term":[{"taxonomy":"deals-type","embeddable":true,"href":"https:\/\/www.dealstreetasia.com\/dealsbarometer\/wp-json\/wp\/v2\/deals-type?post=3925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}