India
The Dubai-based VC firm has committed an additional $10.3 million to SILQ Group.
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88 Fintech Capital and Eighty Five Capital hold 10.2% and 15.4% stake, respectively.
Indonesia
SMDV and East Ventures acquired additional shares in SIRCLO.
Solv has issued new preference shares worth $32 million to SC Ventures.
Waresix is also backed by SoftBank, Temasek, and Tiger Global, among others.
NewCampus secured $3.3m in capital by allotting shares to a mix of institutional and individual investors.
OnlinePajak has issued $5m in new preference shares to Kratos Technology.
Singapore
CloudSEK has raised $11.2m through the issuance of new preference shares as part of its ongoing Series B1 round.
Fintech remained the most active sector in SE Asia in Q1, but total funding dropped to $235m.
Malaysia
Peak XV was not the only investor in Insider to capitalise on General Atlantic’s entry.
