Greater China
The deal volume also fell by a third.
1
Sumitomo Corp's CVC arm launches $63m fund to back Japanese startups
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Fore Coffee's net profit rises 55% in 2025 as aggressive store expansion lifts revenue
4
India's Wipro to acquire SG-based Olam Group’s IT business for $375m
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China issues guidance for e-commerce including for cross-border trade
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Singapore
Startups in the region raised about $128.7m across 27 equity deals in Feb.
India
Neysa also became the country’s first startup unicorn of 2026.
There were only 25 equity deals in the month—the lowest on record.
There was strong investor appetite for policy-aligned industries like software and semiconductor.
However, compared with Jan 2025, total funding fell 39.3%, while deal volume dropped 4.8%.
The Dec score was likely cyclical, as investors wrapped up deals ahead of a new year.
Fintech was the most active sector by both value and volume.
The largest transaction of the month was MoEngage’s $180m Series F round.
Five megadeals raised $1.1b in Nov compared to 12 such deals securing $2.8b in Oct.
