Funding Tracker: Leading Asian Startups – Week 35, 2025
Week in Review: Asian Startups Secure Millions in Funding Across Multiple Sectors
Asia's startup ecosystem continued to thrive this week, with numerous companies securing substantial funding for various industries. Here's a roundup of some of the significant investments:
- Atlas Consolidated, a fintech company based in Singapore, closed a $18.1 million Series B funding round. The funds will be used to improve products, scale supply, and grow its team.
- In India, Palmonas, a demi-fine jewellery startup, received $6.2 million in Series A funding. The funds will be utilized to expand its 9kt gold collection, launch new categories, and open 100 stores within the year.
- Peeko, a baby care startup in India, brought in $3.2 million in seed funding. The funds will be used to develop innovative products for the baby care industry.
- Everwave, an Aachen-based cleantech startup, plans to expand into Southeast Asia following a successful new funding round. The funds will be used to scale its waste collection boats for cleaning waterways.
- India's TransBnk, a banking infrastructure provider, secured $25 million in Series B funding. The funds will be used to enhance its services and expand its operations.
- CredRight, an Indian non-banking financial company (NBFC), secured $10 million in Series B funding. CredRight intends to use the funds to boost loan disbursements, enhance its tech platform, and expand into tier-II to tier-IV towns.
- Over $137 million was invested into startups across fintech, housing finance, AI, hospitality, and consumer brands in Asia this week.
- BOM BOM, a pet nutrition company from Singapore, added $2.72 million in Pre-Series A funding. The funds will be used to automate production and advance nutrigenomics research.
- Cashku, a digital financial planning platform in Malaysia, raised $2.4 million. The funds will be used to expand its offerings and become a one-stop shop for personal finance.
- BIGC from South Korea raised $14 million in Series A funding for its global all-in-one digital venue platform.
- Enmovil, a supply chain intelligence startup from India, raised $6 million. The funds will be used to strengthen its AI-driven tools, expand globally, and grow partnerships with consulting firms and multinational corporations.
- Bluente, a Singapore-based AI-powered document translation startup, secured $1.5 million in a seed-plus round. The funds will be used to grow its six-person team and expand into the Middle East, Asia-Pacific, and the U.S.
- Altum Credo Home Finance, an Indian company focused on affordable housing loans, raised $19.5 million in equity funding.
- Indonesia's Pintarnya, a jobs platform, brought in $16.7 million through a Series A round.
- ZUZU Hospitality from Singapore closed a $5.9 million Series B extension round. The funds will be used to enhance its AI-powered solutions for hotel partners.
Several countries in Asia, including India, Singapore, South Korea, Indonesia, and Malaysia, showcased diverse innovation landscapes in this week's funding activities. The regional funding activities this week covered sectors such as fintech, housing finance, AI, hospitality, and consumer brands. This influx of funding indicates a promising future for Asia's startup ecosystem.
