US-based Iconiq Capital has led a $251 million Series E round for India’s Groww, a financial services provider for the retail market, at a valuation of $3 billion.
Alkeon Capital, Lone Pine Capital, and Steadfast Venture Capital also participated, as did existing investors Sequoia Capital India, Ribbit Capital, YC Continuity, Tiger Global Management, and Propel Venture...
Generation Asia Acquisition, a special purpose acquisition company (SPAC) sponsored by Roy Kuan, formerly Asia managing partner at CVC Capital Partners, has raised USD 200m through a US offering.
India’s M2P Fintech, a software provider that connects banking infrastructure to consumer-facing technology platforms, has raised USD 56m in Series C funding led by Insight Partners.
BRV Capital Management has led a KRW 170bn (USD 140m) Series C round for Green Labs, a Korea-based agricultural technology start-up seeking to digitalise the food production value chain.
Shoplazza, a China-based software-as-a-service (SaaS) provider specialising in cross-border e-commerce, has raised USD 150m in the first tranche of Series C led by SoftBank Vision Fund II.