Tracxn - Geo Monthly Report - Asia Tech - Mar 2022

TRACXN MONTHLY REPORT
MARCH 2022
ASIA TECH

Asia Tech - March 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
Asia Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 51
Top Funded Business Models - last 1 year 53
New Analyst Picks 54
IPOs 78
Acquisitions 80
Recent News 87

Asia Tech Snapshot – March 2022
Asia Tech: Snapshot – March 2022
Note : "Investors" refers to "Institutional Investors" only
3
$8.2B
217 14
Overall Geo Stats
20
63
926
279
408
Funding Rounds $ Invested Analyst Picks
Games24x7
Upgraded to
UNICORN
New Investors
First Plus
Sparta Group
Series A+ rounds Active Investors IPOs
RC365
Yuil Robotics
Acquisitions
SendCloud
DANA
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Delhi NCR
(40 Rounds, $740M)
Singapore
(35 Rounds, $594M)
Bangalore
(33 Rounds, $1.5B)
Tel Aviv
(28 Rounds, $643M)
$965M - Series F
BYJU'S (2011, Bangalore, $5.0B)
$403M - Series D
GAC NE (2017, Guangzhou, $403M)
$393M - Seed
MOOVING (2019, Gangnam, $393M)
$200M - Series A
Oxyzo (2016, Gurgaon, $200M)
Tiger Global Management
(16 Investments)
Y Combinator
(12 Investments)
Sequoia Capital
(10 Investments)
Global Founders Capital
(8 Investments)
Logistics Tech
MOOVING
Alternative Lending
CredAvenue
Smart Homes
Kaadas
Security & Surveillance
Technology
Market Size
Companies Covered 201,987
Funded Companies 38,434
Total Funding $733B
Funding in last 12 months $132B
Top Exits
IPOs 1,909
Acquisitions 3,266
Company Stage
Unicorns 304
Soonicorns 1,249
Minicorns 3,187
Editor Picks 16,393
Series A+ 11,106
Series C+ 2,364
Acqui-Hires 146
Deadpooled 28,642
Top Cities
Bangalore (5,809 Rounds, $63.2B)
Beijing (5,392 Rounds, $127B)
Top Investors
Sequoia Capital (720 Investments)
Tencent (339 Investments)

Investment Snapshot
Investment Snapshot of Asia Tech as of March 2022
Asia Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (March 2022)*
BYJU'S
(2011, Bangalore, $5.0B)
$965M - Series F Sumeru Ventures
GAC NE
(2017, Guangzhou, $403M)
$403M - Series D
MOOVING
(2019, Gangnam, $393M)
$393M - Seed Tigris Investment
Oxyzo
(2016, Gurgaon, $200M)
$200M - Series A Alpha Wave Global
Kaadas
(2009, Shenzhen, $94.0M)
$188M - Series C Asia Investment Fund
ZongMu Technology
(2013, Shanghai, $383M)
$157M - Series E China Cinda
Licious
(2015, Bangalore, $488M)
$150M - Series F Amansa Capital
Socar
(2012, Jeju-si, $421M)
$150M - Series G Lotte Rental
ShopBack
(2014, Singapore, $260M)
$150M - Series B Temasek
RapidAPI
(2014, Tel Aviv, $273M)
$150M - Series D SoftBank Vision Fund
CredAvenue
(2017, Chennai, $227M)
$137M - Series B Insight Partners
*Shows only the lead Investors

List of Funding Rounds (1/46)
List of Funding Rounds in Asia Tech in March 2022
Asia Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$600.0K - Series C
Pomelo (2013, Bangkok, $73.2M)
Internet first brand offering multi category fashion
products for women
PTT
LATE STAGE
$1.2M - Series C
RenewBuy (2015, Gurgaon, $95.3M)
Online comparison platform for life and non-life
insurances
Perfect Homfin, Sanjay Kaul, Gauri Taneja
LATE STAGE
$8.0M - Series C
The Parentinc (2009, Singapore, $13.0M)
Online social platform offering parenting solutions
Line
LATE STAGE
$10.0M - Series C
GOQii (2014, Mumbai, $134.6M)
Provider of a wearable wristband integrated with
personalized coaching
Animocabrands
LATE STAGE
$11.0M - Series D
INDMoney (2019, Gurgaon, $159.1M)
Comparison and advisory platform for financial
products
Sixteenth Street Capital, Peyush Bansal, Ankur
Warikoo, Ashish Kashyap, Sunny Bajaj, and 3 more
LATE STAGE
$15.0M - Series C
Curiox (2008, Singapore, $30.0M)
Developer of wall-less plates and washers for
automated cell-based assays
KB Investment, Luha Private Equity, QUAD
LATE STAGE
$15.7M - Series C
iMotion (2016, Suzhou, $30.2M)
Developer of AI-enabled autonomous driving and
automotive solutions
China Merchants Qihang, Xunfei, , iFLYTEK,
LATE STAGE
$19.0M - Series C
Autobrains (2019, Tel Aviv, $120.0M)
AI-enabled platform offering perception solutions for
autonomous vehicles
Temasek, BMW i Ventures, Continental, , Knorr-
Bremse
LATE STAGE
$20.0M - Series C
Anzu (2017, Tel Aviv, $37.0M)
Platform offering in game ad network software
NBCUniversal, HTC Corporation, BITKRAFT Ventures, ,
Goal Venture Partners, and 3 more

6
LATE STAGE
$30.0M - Series C
Zeta (2015, Bangalore, $349.9M)
Cloud-based payment & banking solutions for banks
and enterprises
Mastercard
LATE STAGE
$30.0M - Series C
Chakratec (2013, Rosh Haayin, $36.4M)
Flywheel storage system
Meitav Dash, The Phoenix Company, Afcon
LATE STAGE
$35.0M - Series C
Plum (2013, Thane, $51.8M)
Internet first brand offering organic skincare products
A91 Partners, Unilever Ventures, Faering Capital
LATE STAGE
$41.2M - Series D
Kyash (2015, Tokyo, $110.2M)
Payment cards solution provider
Goodwater Capital, , Altos Ventures Capital, SMBC
Nikko Securities, Greyhound Capital, and 4 more
LATE STAGE
$41.5M - Series D
TenNor Therapeutics (2013, Suzhou, $66.5M)
Developer of small molecule therapeutics for GI tract
infections
, Yuanhe Holdings, Yanchuang Capital, Shenzhen
Gaotejia Investment Group
LATE STAGE
$45.0M - Series C
LambdaTest (2017, San Francisco, $70.4M)
Cloud-based cross browser testing solutions provider
Sequoia Capital, Premji Invest, Telstra Ventures, Blume
Ventures, Leo Capital
LATE STAGE
$47.0M - Series E
ThreatBook (2015, Beijing, $210.7M)
Provider of cloud and AI-based open-source software
for cybersecurity
CDH Investments, Wise Road Capital
LATE STAGE
$47.1M - Series D
Moan Technology (2016, Hangzhou, $95.2M)
Cloud based security solution to protect cloud
infrastructure
Boyu Capital, CICC Capital
LATE STAGE
$50.0M - Series E
Pine Labs (1998, Noida, $1.6B)
POS terminals for businesses and merchants
Actis, Vitruvian Partners, Sequoia Capital, PayPal,
Temasek

7
LATE STAGE
$50.0M - Series C
Captain Fresh (2019, Bangalore, $109.1M)
Online B2B platform offering seafood products
Prosus, Tiger Global Management, Naspers, Incubate
Fund, Ns Trading And Investments, and 3 more
LATE STAGE
$55.0M - Series C
Vivriti Capital (2017, Chennai, $162.9M)
Debt financing platform for corporates, SMEs and
individuals
Lightrock, Creation Investments
LATE STAGE
$60.0M - Series C
Nreal (2017, Beijing, $231.0M)
Provider of mixed reality glasses for consumers
Alibaba Group
LATE STAGE
$60.5M - Series G
ShareChat (2015, Bangalore, $1.5B)
Provider of a vernacular-based social networking
platform
Times Internet
LATE STAGE
$63.0M - Series C
MDClone (2016, Beersheba, $104.0M)
Provider of software that creates synthetic medical
records for fictitious patients
Warburg Pincus, Viola Group, Lightspeed Venture
Partners, aMoon, Orbimed
LATE STAGE
$65.0M - Series C
Pocket FM (2018, Gurgaon, $94.3M)
Online platform for internet radio and podcast
streaming
Naver, Goodwater Capital, Tanglin Venture Partners
LATE STAGE
$65.4M - Series D
Country Delight (2015, Gurgaon, $135.8M)
Online retailer offering dairy products
Venturi Partners, Trifecta Capital, Matrix Partners,
Elevation, IIFL Finance, and 1 more
LATE STAGE
$69.5M - Series C
Allofresh (2022, Jakarta, $69.5M)
Platform offering multi-category grocery supplies
Transmart, Bukalapak, Growtheum Capital
LATE STAGE
$70.0M - Series D
Classplus (2015, Noida, $158.4M)
Provider of tuition class management software
Alpha Wave Global, Tiger Global Management,
Transportation Resource Partners, RTP Global, Chimera

8
LATE STAGE
$75.0M - Series C
Games24x7 (2006, Mumbai, $107.4M)
Developer of casual video games
Malabar Investments, Raine Group, Tiger Global
Management
LATE STAGE
$75.0M - Series C
Run:AI (2018, Tel Aviv, $118.0M)
Provider of virtualization and acceleration platform for
deep learning purposes
Insight Partners, Tiger Global Management, TLV
Partners, S Capital VC
LATE STAGE
$75.0M - Series D
Money View (2014, Bangalore, $128.1M)
App-based platform for personal loans
Tiger Global Management, Winter Capital, Evolvence
India, Accel, South Park Commons, and 4 more
LATE STAGE
$75.8M - Series C
City Mall (2019, Gurgaon, $114.4M)
Online group-buying portal for multi-category products
Norwest Venture Partners, Citius, Ahm Investments,
Elevation, General Catalyst Partners, and 5 more
LATE STAGE
$77.5M - Series C
Growsari (2016, Pasig, $122.5M)
Online B2B marketplace offering products and services
International Finance Corporation, KKR, Pavilion Capital
Partners
LATE STAGE
$78.6M - Series D
Shanghai Smartee Denti-Technology (2004,
Shanghai, $86.2M)
3D printing invisible orthodontic braces
Taikang Investment Management, , China Resources
Guodiao Xiamen Consumer Fund,
LATE STAGE
$78.7M - Series C
supOS (2011, Ningbo, $78.7M)
Provides operating system for IoT devices
SB China Capital
LATE STAGE
$80.0M - Series C
BEEWISE (2018, Nahariya, $120.0M)
Provider of AI and SaaS-based autonomous beehive
management solutions
Insight Partners, Lool Ventures, Meitav Dash,
Fortissimo Capital, SANAD AD, and 2 more

9
LATE STAGE
$91.8M - Series C
DataGrand (2015, Shanghai, $163.7M)
Big data-powered content recommendation platform
e, Shenzhen Capital Group, Xiang He Capital, Lenovo,
Sunshine Insurance Group, and 4 more
LATE STAGE
$94.0M - Series C
Kaadas (2009, Shenzhen, $94.0M)
Manufacturer of AI-based smart locks
Shenzhen Cornerstone Asset Management, Morgan
Stanley, AIIB, Cowin Capital
LATE STAGE
$94.0M - Series C
Kaadas (1999, Shenzhen, $94.0M)
Manufacturer of smart locks
Asia Investment Fund, Cowin Capital, Shenzhen
Cornerstone Asset Management, Ejam Investment,
Morgan Stanley
LATE STAGE
$100.0M - Series C
Dianxiaomi (2014, Beijing, $144.3M)
Provider of cross-border solution for ecommerce
sellers
Tiger Global Management, China Renaissance Group,
CDH Investments, Gaorong Capital, GGV Capital
LATE STAGE
$100.0M - Series C
BigSeller (2001, Longgang, $100.0M)
Platform offering multi-channel management solution
for online businesses
CDH Investments, Gaorong Capital, GGV Capital
LATE STAGE
$120.0M - Series C
Connecteam (2016, Tel Aviv, $160.0M)
Employee engagement application for organizations
Stripes, Insight Partners, O.G. Tech, Tiger Global
Management, Qumra Capital
LATE STAGE
$120.0M - Series C
Sayurbox (2016, Jakarta, $140.0M)
Farm-to-table grocery delivery platform
Alpha JWC Ventures, Northstar Group Services,
International Finance Corporation, Global Brain, Astra
Digital, and 1 more
LATE STAGE
$150.0M - Series D
RapidAPI (2014, Tel Aviv, $272.5M)
Platform offering API hubs
SoftBank Vision Fund, Viola Group, Andreessen
Horowitz, Citi Ventures, Qumra Capital, and 3 more

10
LATE STAGE
$150.0M - Series G
Socar (2012, Jeju-si, $420.7M)
Online platform that offers station-based car rental
services
Lotte Rental
LATE STAGE
$150.0M - Series F
Licious (2015, Bangalore, $488.3M)
Online platform offering meat and seafood products
Amansa Capital, Axis Growth Avenues AIF – I, Temasek,
Multiples Equity, 3one4 Capital, and 8 more
LATE STAGE
$157.1M - Series E
ZongMu Technology (2013, Shanghai, $382.5M)
Developer of ADAS solutions
Caitong Capital, Taiyou Fund, Zeal Capital Partners,
Fellow Partners, Sunic Capital, and 2 more
LATE STAGE
$403.1M - Series D
GAC NE (2017, Guangzhou, $403.1M)
Manufacturer of smart electric cars
, Guangzhou Jinkong Fund Management, , , China
Chengtong
LATE STAGE
$964.7M - Series F
BYJU'S (2011, Bangalore, $5.0B)
App-based platform providing courses for competitive
test preparation and supplementary courses for
students
Sumeru Ventures, Vitruvian Partners, Ams Investment
Management, Bearnaise Lux, Master Bond, and 2 more
LATE STAGE
Series C
Perfect Corp (2014, Taipei, $75.0M)
Provider of AI and AR-based virtual makeup application
solutions
Shiseido
LATE STAGE
Series C
theAsianparent (2008, Singapore, $17.0M)
Provider of online community platform for pregnancy
& parenting solutions
LINE Corporation
LATE STAGE
Series C
Vertilite (2015, Changzhou)
Provider of high power and high speed VCSEL (vertical-
cavity surface-emitting laser) solutions
Dajiang Innovation Technology
LATE STAGE
Series D
StoreDot (2012, Herzliya, $226.0M)
Developer of nano and organic compound-based
batteries for e-vehicles
Ola Electric

11
LATE STAGE
Series C
Shandong Yingsheng Biotechnology (2009,
Jinan, $14.5M)
Provider of diagnostic kits and services
CICC Capital, Far East Horizon, HM Capital, Taihei
Medical Care Health, Jingming Capital, and 4 more
LATE STAGE
Series D
Ralali (2015, Jakarta, $22.5M)
Online B2B marketplace for multi-category products
SBI Holdings, ICMG Partners, Arbor Ventures, Beenos
LATE STAGE
Series C
Igenesis (2015, Shanghai, $13.0M)
Provider of automated PCR analysis platfrom
Morningside Group, Shenzhen Qianhai Bangqin
Investment, Mountain Blue Capital, Chengdu Kanghua
Biological Products, Silicon Harbour Capital
LATE STAGE
Series E
Carsome (2015, Petaling Jaya, $586.4M)
App-based C2B marketplace for used cars
PTT
LATE STAGE
Series D
Impact Therapeutics (2009, Nanjing, $90.0M)
Small molecule inhibitors of proteins involved in cancer
CCBT, Dingxin Capital, Hualing Capital, Exome Asset
Management, Lilly Asia Ventures, and 3 more
LATE STAGE
Series D
RobotPhoenix (2012, Jinan, $14.2M)
Developer of robotic solutions for industrial
applications
Primavera Capital Group, Qingkong Ginkgo Venture
Capital Management, China Broadband Capital
LATE STAGE
Series C
Shenzhen Youdi Technology (2013, Shenzhen,
$31.1M)
Provider of intelligent service robots for multi-industry
applications
BTG Homeinns

12
EARLY STAGE
$91.3K - Series A
Yellow Class (2020, Gurgaon, $8.4M)
Online platform providing courses related to
extracurricular activities for kids
Pivot Family X9 Trust, Varun Alagh, Vivek Chaturvedi
EARLY STAGE
$433.5K - Series A
XYXX (2017, Surat, $9.1M)
Internet first brands offering inner-wear and lounge-
wear
Sauce, Sameer Maheshwari
EARLY STAGE
$974.5K - Series B
WorkIndia (2015, Mumbai, $12.5M)
Tech-based platform for matching employers and
employee in the mixed collar segment
Persol Venture Partner
EARLY STAGE
$1.2M - Series B
Livpure (2011, Gurgaon, $53.5M)
Internet first brand of smart water purifiers
NK Investment Group
EARLY STAGE
$1.7M - Series A
Venera Tech (2003, Noida, $2.7M)
Video solutions and digital media company
Allison Wood Ventures
EARLY STAGE
$2.0M - Series A
WakeCap (2015, Doha, $4.0M)
Developer of drowsiness and fatigue detection helmets
for field workers
Saudi Aramco Entrepreneurship
EARLY STAGE
$2.2M - Series A
Zimyo (2018, Gurgaon, $3.9M)
Human resource management software
IndiaMART
EARLY STAGE
$2.7M - Series A
ShipsKart (2017, Delhi, $3.0M)
Online B2B marketplace for maritime services &
logistics
TMV, , Eternia Invest, Motion Ventures, Tradeworks.vc
EARLY STAGE
$2.9M - Series A
IDK Lab (2019, Yuseong, $2.9M)
Provider of nanofibre-based textile materials
Hanyang ENG, POSCO Capital
EARLY STAGE
$3.4M - Series A
OutGo (2016, Pune, $3.4M)
Mobile platform to manage your receive payments
Neo, Pioneer Square Labs, Bezos Expeditions, Dan
Lewis, Jason Droege, and 1 more

13
EARLY STAGE
$4.0M - Series A
Caduceus (2021, Singapore, $4.0M)
Blockchain-based network for the metaverse
development
SIG, Qredo, Blockfills, Nukk, Luna Capital, and 4 more
EARLY STAGE
$4.5M - Series A
Med247 (2019, Hanoi, $4.5M)
Provider of an online pharmacy, doctor consultation &
appointment booking platform
Altara Ventures, East Ventures, Pavilion Capital
Partners, Venturra Capital, KK Fund, and 1 more
EARLY STAGE
$5.0M - Series A
AirCarbon (2019, Singapore, $5.0M)
Provider of blockchain-based carbon credits trading
exchange
Deutsche Borse Group
EARLY STAGE
$5.0M - Series A
oslash (2020, Bangalore, $7.5M)
Cloud-based tool to create short links to search for
web pages and documents
Kunal Shah, Christian Oestlien, Akshay Kothari, Cristina
Cordova
EARLY STAGE
$5.0M - Series A
Mukunda Foods (2012, Bangalore, $8.0M)
Provider of kitchen automation and robotic solutions
for commercial kitchens
Zomato
EARLY STAGE
$5.0M - Series B
iPrice (2014, Kuala Lumpur, $26.6M)
Online price comparison platform for multi-category
products
ITOCHU, Global Brain
EARLY STAGE
$5.0M - Series A
Cure Skin (2016, Bangalore, $5.6M)
Developer of AI-driven app for automated diagnosis of
skin conditions
JSW Ventures, Sharrp Ventures, SenseAI
EARLY STAGE
$5.7M - Series A
Mintable (2018, Singapore, $18.7M)
Online marketplace to buy and sell digital art
EARLY STAGE
$6.0M - Series A
KICKSCREW (2008, Tsuen Wan, $6.0M)
Online retailer offering sneakers for men and women
Gobi Partners, Pacific Century Group, Yingke, COMPLEX

14
EARLY STAGE
$6.6M - Series A
Haseelapp (2017, Riyadh, $6.6M)
Online retailer of fruits and vegetables
Vision Ventures, Riyad TAQNIA Fund, Arzan Venture
Capital, Sky Horizon Investment
EARLY STAGE
$7.0M - Series A
Reach (2015, Tel Aviv, $13.0M)
Cloud based platform for digital signature and ID
verification
Grayhawk Capital, Pritzker Group, NFX
EARLY STAGE
$7.0M - Series B
Urecsys (2012, Jerusalem, $7.0M)
Provider of indoor air purification solutions
Union Group, TALCAR, iAngels, Kobi Richter, Judith
Richter
EARLY STAGE
$7.1M - Series A
SariSuki (2020, Quezon City, $10.7M)
Online platform offering multi-category grocery
supplies
Openspace Ventures, Global Founders Capital, Saison
Capital, JG Digital Equity Ventures, Foxmont Capital
Partners, and 1 more
EARLY STAGE
$7.9M - Series A
Shanghai Bluewall Network Technology (2019,
Shanghai, $7.9M)
Cloud-based project management software for
construction professionals
Hearst Ventures, Xiaomiao Langcheng, GGV Capital
EARLY STAGE
$8.2M - Series A
Trailblazer Games (2021, Singapore, $8.2M)
Developer of NFT blockchain games for PC and console
Makers Fund, Play Ventures, Fabric Ventures
EARLY STAGE
$8.2M - Series A
CMES (2014, Gangnam, $8.2M)
Provider of an AI and 3D vision-based robotic solution
for various industries
SK Telecom
EARLY STAGE
$8.5M - Series A
AwanTunai (2017, Jakarta, $28.3M)
Onine marketplace for invoice financing
International Finance Corporation, OCBC NISP Ventura,
Battery Road Digital, Global Brain, Insignia Ventures
Partners, and 1 more

15
EARLY STAGE
$9.0M - Series A
Snapmint (2015, Mumbai, $21.3M)
Online marketplace for point of sale financing
Negen Capital PMS, Anicut Capital, 9Unicorns,
Prashasta Seth, Ramakant Sharma, and 1 more
EARLY STAGE
$9.9M - Series A
Living Workshop (2014, Yeongdeungpo, $9.9M)
Internet first brand of home care products
IMM Investment, Project A, CJ E&M
EARLY STAGE
$10.0M - Series A
ClayWorks (2017, Bangalore, $10.0M)
Provider of shared working spaces
Nisus Finance Services
EARLY STAGE
$10.0M - Series A
SuperMeat (2015, Tel Aviv, $15.0M)
Developing technology to produce lab-cultured meat
Agronomics
EARLY STAGE
$10.0M - Series A
Deeptek (2017, Pune, $10.0M)
AI augmented diagnostic tools for radiology imaging
Tata Capital
EARLY STAGE
$10.0M - Series A
ShopAstro (2021, Hangzhou, $10.0M)
Provider of SaaS-based software suite solutions for
cross-border e-commerce sellers
Hillhouse Ventures, Blue Lake Capital
EARLY STAGE
$10.0M - Series A
LILA Games (2020, Bangalore, $12.8M)
Developer of mobile-based shooter game
Rainfall Ventures, BITKRAFT Ventures, Krafton, Galaxy
Interactive, Sequoia Capital, and 3 more
EARLY STAGE
$10.1M - Series A
Prozo (2014, Noida, $13.2M)
Cloud-based e-commerce enabler and accelerator for
SMEs, D2C brands, and Enterprises
Sixth Sense Ventures, HNI Corporation, JAFCO Asia,
Neha Lashit Sanghvi
EARLY STAGE
$11.0M - Series B
Zipmex (2018, Singapore, $62.9M)
App-based exchange platform for cryptocurrency
B Capital Group, Krungsri Finnovate, Mindworks
Capital, Master Ad, TNB Aura

16
EARLY STAGE
$12.0M - Series B
Igloocompany (2015, Singapore, $32.0M)
Provider of smart locks for diversified purposes
Purpose Venture Capital, Wavemaker Partners,
Kickstart Ventures, Insignia Ventures Partners
EARLY STAGE
$12.0M - Series A
SmartClean (2017, Singapore, $14.7M)
Provider of IoT and AI-based cleaning solution
EARLY STAGE
$12.2M - Series B
Dr. Diary Co (2017, Seoul, $12.2M)
Provider of app for diabetes management
Devsisters Ventures, Shinhan Financial Group, Insight
Equity, Korea Investment Partners, Smile Gate
Investment, and 1 more
EARLY STAGE
$12.6M - Series A
Nalagenetics (2016, Singapore, $13.6M)
Developer of genetic test kits for precision medicine
Intudo Ventures, Vulcan, Diagnos, A*STAR, , and 1
more
EARLY STAGE
$13.0M - Series A
OneCode (2018, Noida, $18.6M)
Provider of referral-based marketing solutions
General Catalyst Partners, Surge, WaterBridge, Nexus
Venture Partners
EARLY STAGE
$13.1M - Series B
ToothSi (2018, Mumbai, $38.1M)
Provider of an online platform for the purchase of
customized dental braces
EARLY STAGE
$14.2M - Series A
SocialGood (, Chiyoda-ku, $14.2M)
App-based platform offering membership-based crypto
cashback for online shopping
Miyako Capital
EARLY STAGE
$15.0M - Series A
Compete (2020, Ramat Gan, $17.5M)
Cloud-based platform for payroll management
Tiger Global Management, Aleph Venture Capital, Vine
Ventures
EARLY STAGE
$15.0M - Series A
The Giving Movement (2020, Dubai, $15.0M)
Internet first brand offering sustainable casual wear for
men and women
Knuru

17
EARLY STAGE
$15.0M - Series A
UpScalio (2021, Gurgaon, $57.5M)
Platform acquiring e-commerce businesses
Gulf Islamic Investments, Unity Bank, Northern Arc
EARLY STAGE
$15.0M - Series B
Z Square (2013, Tel Aviv, $25.0M)
Developer of a multi-functional endoscope for imaging
& treatment
Chartered Group
EARLY STAGE
$15.0M - Series B
EKincare (2014, Hyderabad, $20.8M)
Online employee health benefit management tool
HealthQuad, Sabre Partners India, Eight Roads
Ventures, Siana, Endiya Partners, and 1 more
EARLY STAGE
$15.7M - Series A
Skysolidiss (2017, Shenzhen, $15.7M)
Platform offering micro data centers for enterprises
EARLY STAGE
$15.7M - Series A
Publink Zhonglian Chengye Technology (2017,
Beijing, $20.0M)
Cloud based platform offering after sales service
management solution
Tiger Global Management, Sequoia Capital
EARLY STAGE
$15.7M - Series A
Anhui Easpeed Technology (2016, Hefei, $30.8M)
Provides aerial imaging technology
Dingyuan Capital
EARLY STAGE
$15.7M - Series B
Fosafer (2015, Beijing, $15.7M)
Multi factor identity authentication system
CR Capital Management, Zhongguancun Science City
EARLY STAGE
$15.7M - Series A
Shanghai Tengfu Medical Technology (2020,
Minhang, $15.7M)
Developer of interventional devices for pulmonary
embolism
Orbimed, Tianjin TEDA Science and Technology
Investment

18
EARLY STAGE
$15.7M - Series A
Deep Vision Technology (2017, Beijing, $15.7M)
Manufacturer of visual inspection systems for multiple
applications
General Technology Venture Capital, Huiyou Capital,
Zhongguancun Development Qihang Investment,
Qualcomm Ventures
EARLY STAGE
$15.7M - Series A
Weishengkang Medical Technology (2020,
Suzhou, $15.7M)
Developer of respiratory devices for respiratory care
and patient monitoring
REDHILL CAPITAL, SDIC Chuanghe Fund Management
EARLY STAGE
$15.7M - Series B
Public Interest Technology (2014, Beijing, $21.0M)
Provider of a cloud-based panoramic virtual tour
creation platform
SIG China, Meridian Capital China
EARLY STAGE
$15.8M - Series A
iyouke.com (2018, Jinan, $15.8M)
Platform offering omnichannel marketing solutions
IDG Capital, Lenovo Capital and Incubator Group,
Hillhouse
EARLY STAGE
$15.8M - Series B
Chu Hang Technology (2018, Nanjing, $15.8M)
Provider of radar-based sensor systems for
autonomous vehicles
China Creation Ventures, Xiamen Semiconductor,
Anjuke
EARLY STAGE
$15.8M - Series B
Xisoft Technology (2018, Yangpu, $31.5M)
Provider of software solutions for hospital
administration management
Taikang Insurance Group, Gaorong Capital, Sequoia
China, Langma Feng Venture Capital
EARLY STAGE
$15.8M - Series A
Beijing Future Zhian Technology (2020, Haidian,
$15.8M)
Provider of threat detection solutions
Legend Capital, Taiyue Wutong Capital, Sequoia China
EARLY STAGE
$15.8M - Series B
Lingxi AR (2014, Haidian, $15.8M)
Developer of lenses for AR displays
Tianjin Venture Capital, SDIC

19
EARLY STAGE
$16.4M - Series A
Neighborhood (2004, Yongsan-gu, $32.9M)
Provider of online real estate listing platform
Magna, Hana Financial Group, FURSYS, , DAOL
Investment, and 5 more
EARLY STAGE
$17.0M - Series A
Valerann (2016, Tel Aviv, $22.0M)
Provider of IoT-based traffic monitoring analytics
solutions
HG Ventures, RIO Ventures Holdings, 2B Angels
EARLY STAGE
$17.0M - Series A
Tastewise (2017, Tel Aviv, $23.5M)
Offers AI-based food intelligence solutions for
restaurants
Disruptive AI, PICO Partners, PeakBridge
EARLY STAGE
$17.5M - Series A
CardinalOps (2020, Tel Aviv, $24.0M)
Provider of SIEM platform for vulnerability assessment
Viola Group, Symbol, Battery Ventures, Glilot Capital
Partners
EARLY STAGE
$18.0M - Series A
nSure.ai (2019, Tel Aviv, $25.4M)
AI based fraud detection solutions for merchants
MoreTech Ventures, Griffin Ventures, Moneta,
Disruptive AI
EARLY STAGE
$19.0M - Series B
Igloo (2016, Singapore, $36.0M)
Online platform for health and P&C insurances
Cathay Innovation, Singtel, ACA Investments,
Openspace Ventures, Partech Partners
EARLY STAGE
$20.0M - Series A
Draup (2017, Bangalore, $20.0M)
Sales enablement platform for enterprises
HKW
EARLY STAGE
$20.0M - Series A
Blink (2021, Tel Aviv, $26.0M)
Platform offering workflow automation software
Lightspeed Venture Partners, Entree Capital, Hetz
Ventures,
EARLY STAGE
$20.0M - Series A
100ms (2020, Bangalore, $24.5M)
Cloud-based white-label video conferencing software
provider
Alpha Wave Global, STRIVE, LocalGlobe, Matrix
Partners India, Accel

20
EARLY STAGE
$20.0M - Series B
Cialfo (2017, Singapore, $77.0M)
Cloud based platform offering school management
software
Tiger Global Management
EARLY STAGE
$20.0M - Series A
AHOY (2018, Dubai, $27.0M)
Provider of web-based delivery management solutions
EARLY STAGE
$22.5M - Series A
Jugnu (2019, Lahore, $25.7M)
App-based B2B supplier of excess inventory products
Sary, Sarmayacar
EARLY STAGE
$23.0M - Series A
Filo (2020, Gurgaon, $25.3M)
Mobile-based platform providing tutoring and doubt-
clearing solutions for school students
Anthos Capital, GSV Ventures, Better Capital, Saplings
Capital, Gokul Rajaram, and 4 more
EARLY STAGE
$23.7M - Series B
Zhoupu Data (2015, Beijing, $39.2M)
Provider of AI & cloud-driven suite of supply chain
management solution
SoftBank Ventures Asia, Frees Fund, Zeng Ming
EARLY STAGE
$25.0M - Series A
Pixxel (2019, Bangalore, $61.2M)
Provider of satellite-based Earth-imaging solutions
Radical Ventures, Seraphim Capital, Inventus Capital
India, Blume Ventures, Sparta Group, and 2 more
EARLY STAGE
$25.0M - Series B
D-ID (2017, Tel Aviv, $48.0M)
Cloud based platform offering security solutions to
protect biometric databases
Macquarie Group, Maverick Ventures, Marubeni
Ventures, AXA Venture Partners, Pitango, and 2 more
EARLY STAGE
$25.0M - Series B
C2X (2021, , $25.0M)
Provider of blockchain-based gaming platform for
playing multiple games
FTX, Jump Crypto, Animocabrands, Skybound, Hashed,
and 16 more

21
EARLY STAGE
$26.0M - Series A
Lightlytics (2020, Ramat Gan, $30.0M)
Platform offering cloud deployment and infrastructure
security solutions
Energy Impact Partners, TLV Partners, Glilot Capital
Partners, Cervin Ventures
EARLY STAGE
$26.0M - Series A
Wing (2020, Tel Aviv, $26.0M)
Cloud based platform offering remediation solutions
GGV Capital, S Capital VC, Harmony Partners, Silicon
Valley CISO Investments, Michael Shaulov, and 4 more
EARLY STAGE
$26.1M - Series B
Ferns N Petals (1994, Pune, $26.1M)
Online gifting platform offering flowers and gifting
products
Lighthouse
EARLY STAGE
$27.0M - Series A
Cyberpion (2016, Givat Shmuel, $35.3M)
Cloud based external attack surface management
platform
U.S Venture Partners, Hyperwise Ventures, Team8
EARLY STAGE
$27.0M - Series B
SupPlant (2012, Afula, $46.0M)
AI-based platform for real-time farm monitoring and
data analytics for irrigation planning and management
Red Dot Capital Partners, Smart Agro, Deshpande
Foundation, Pioneer, Mivtach Shamir Holdings, and 2
more
EARLY STAGE
$29.0M - Series A
Volopay (2020, Singapore, $31.1M)
Expense management and virtual card management
solutions for businesses
JAM Fund, Antler, Venture Souq, Rapyd, Accial Capital,
and 9 more
EARLY STAGE
$32.0M - Series B
Otipy (2020, Gurgaon, $44.7M)
App-based platform offering fruits and vegetables
WestBridge, SIG, Omidyar Network India
EARLY STAGE
$32.0M - Series B
FarMart (2015, Gurgaon, $48.0M)
P2P rental platform for farm equipment
General Catalyst Partners, Omidyar Network India,
Avaana Capital Advisors, Catalyst Funds, 500 Global,
and 1 more

22
EARLY STAGE
$33.0M - Series B
Nucleai (2017, Tel Aviv, $33.0M)
AI-assisted platform for image analysis
Section 32, Sanofi Ventures, Debiopharm, Vertex
Ventures, Fosun RZ Capital, and 1 more
EARLY STAGE
$35.0M - Series B
Cyber Sixgill (2014, Netanya, $56.0M)
Cyber intelligence platform that monitors dark web to
detect threats
REV, Elron Ventures, CrowdStrike, Sonae IM, OurCrowd
EARLY STAGE
$36.4M - Series A
Wiz (2019, Chennai, $40.1M)
Provider of freight forwarding platform
Tiger Global Management, Alteria Capital, Stride
Ventures, Axilor Ventures, Foundamental, and 1 more
EARLY STAGE
$37.0M - Series B
LottieFiles (2017, , $46.0M)
Animation & design tools
EARLY STAGE
$40.0M - Series B
Qure.ai (2016, Mumbai, $59.9M)
AI-based decision support tool for diagnostic images
Novo Holdings, MassMutual Ventures, HealthQuad
EARLY STAGE
$40.0M - Series B
Silent Eight (2013, Singapore, $61.2M)
AI-based fraud detection solution
TYH Ventures, Wavemaker Partners, OTB Ventures,
Aglaia, SC Ventures, and 2 more
EARLY STAGE
$40.0M - Series B
Yisheng Biopharma (2002, Beijing, $170.0M)
Developer of vaccines and therapeutics for infectious
diseases and cancers
Cambridge Capital
EARLY STAGE
$40.0M - Series A
NUTSEHLL (2009, Huangpu, $60.0M)
Provider of small molecules that target a range of
protein families in cancer
Genesis Capital, hengxu capital, Northern Light Venture
Capital, Matrix Partners China, Source Code Capital,
and 1 more

23
EARLY STAGE
$40.0M - Series B
Metadata (2015, Ramat Gan, $52.0M)
AI based platform campaign execution software for
B2B companies
Next47, Resolute Ventures, Gaingels, Mana Ventures,
Jason Calacnis, and 5 more
EARLY STAGE
$40.0M - Series B
PT Zenius Education (2007, Jakarta, $60.0M)
Provider of app-based courses for school education
MDI Ventures, Openspace Ventures, Northstar Group,
Beacon VC, Alpha JWC Ventures
EARLY STAGE
$42.0M - Series A
Loco (2020, Mumbai, $51.0M)
Online platform for live streaming video games
Hashed, Lumikai, Krafton, Catamaran, Hiro Capital, and
2 more
EARLY STAGE
$44.0M - Series B
Altibbi (2008, Dubai, $53.0M)
Provider of telemedicine platform and community for
doctors
Foundation Holdings, Hikma Ventures, Global
Ventures, Middle East Venture Partners, Endeavor, and
2 more
EARLY STAGE
$44.0M - Series B
Charge After (2016, Even Yehuda, $60.0M)
Software for point of sale financing
Phoenix Ventures, Citi, MUFG, Banco Bradesco
EARLY STAGE
$50.0M - Series B
Zignaly (2018, Singapore, $53.0M)
Cryptocurrency trading bot
Global Emerging Markets
EARLY STAGE
$50.0M - Series B
Inxmed (2018, Shanghai, $69.0M)
Developer of treatments for drug resistance and
metastases in solid tumors
Chende Capital, SDIC, AIHC Fund, , Ennovation
Ventures
EARLY STAGE
$50.0M - Series B
AI Rudder (2019, Shanghai, $60.0M)
Cloud based platform offering conversational bots
Tiger Global Management, Coatue, Cathay Innovation,
First Plus, Ventures Lab, and 2 more
EARLY STAGE
$50.0M - Series B
Atlan (2018, Delhi, $68.6M)
DataOps platform for multiple teams
Salesforce Ventures, Sequoia Capital, Insight Partners,
WaterBridge Ventures, Taylor Brown, and 1 more

24
EARLY STAGE
$50.0M - Series B
DataRails (2015, Rishon Lezion, $99.5M)
Cloud-based financial analytics and forecasting
Qumra Capital, Innovation Endeavors, Vertex Ventures
Israel, Oryzn Capital, Vintage Investment Partners, and
5 more
EARLY STAGE
$52.8M - Series A
Hexlant (2018, Gangnam, $52.8M)
Blockchain-based platform for security and crypto
wallet
Mirae Asset, Kakao Investment, A-Ventures
EARLY STAGE
$54.0M - Series B
Tabby (2019, Riyadh, $180.0M)
App-based platform for point of sale financing
Sequoia Capital, STV, Global Founders Capital, Arbor
Ventures, Mubadala
EARLY STAGE
$60.0M - Series B
Multiplier (2020, Singapore, $77.2M)
Cloud-based payroll and compliance platform provider
Tiger Global Management, Sequoia, DST Global
EARLY STAGE
$70.0M - Series B
Bazaar (2020, Karachi, $107.8M)
Online B2B marketplace offering groceries
Dragoneer Investment Group, Tiger Global
Management, Wavemaker Partners, Zayn Capital,
Indus Valley Capital, and 3 more
EARLY STAGE
$70.0M - Series B
Terra Drone Corp (2017, Shibuya, $84.2M)
Provider of services for aerial imaging survey
Mitsui & Co, JOIN, SBI Holdings, Venturelab, TOKYU
LAND, and 2 more
EARLY STAGE
$70.0M - Series B
Micro Connect (2021, Hong Kong, $120.0M)
Online investment platform for micro and small
businesses
Sequoia China, DARA Holdings, Vectr Ventures, Ausvic
Capital, Chuangs, and 5 more
EARLY STAGE
$80.0M - Series A
VA (2021, Gangnam, $80.0M)
Online platform offering video production services
Paratus Investment
EARLY STAGE
$88.0M - Series B
Hex Trust (2018, Hong Kong, $104.0M)
Custodian service for digital assets
Liberty City Ventures, Animocabrands, Terra, Ripple,
Morgan Creek Capital Management, and 4 more

25
EARLY STAGE
$100.0M - Series B
Synspective (2018, Koto, $199.7M)
Provider of cloud and AI-based satellite imaging data
Sompo Japan, Nomura, Pavilion Capital Partners
EARLY STAGE
$137.0M - Series B
CredAvenue (2017, Chennai, $227.0M)
Cloud-based lending solution for banks and credit
institutions
Insight Partners, B Capital Group, Dragoneer
Investment Group
EARLY STAGE
$150.0M - Series B
ShopBack (2014, Singapore, $260.0M)
App-based platform offering rewards & cashback
Temasek, SoftBank Ventures Asia, Rakuten Capital
EARLY STAGE
$200.0M - Series A
Oxyzo (2016, Gurgaon, $200.0M)
Online marketplace for business credit lines
Norwest Venture Partners, Creation Investments,
Matrix Partners India
EARLY STAGE
Series B
Cymbio (2014, Tel Aviv, $30.1M)
Platform offering digital sales solution for brands
PayPal
EARLY STAGE
Series A
Beijing Concept (2018, Haidian)
Cloud based data security and encryption solution
provider
Fangguang Capital, Security Capital
EARLY STAGE
Series A
EywaMedia (2013, Singapore, $1.1M)
Platform offers customer engagement and journey
management solution
Globe Teleservices, Wintech Ventures, Kyron, ah!
Ventures
EARLY STAGE
Series B
DataMesh (2014, Beijing)
Provider of augmented reality-based content creation
tools
SIG China, Singtel, Innov8
EARLY STAGE
Series B
Beijing Qingwei Intelligent Technology (2006,
Haidian)
Provider of AI chips for voice-based and machine vision
applications
,

26
EARLY STAGE
Series B
Beijing Xiping Technology (2019, Chaoyang)
IoT based advertising platform
Alibaba Group, Harvest Capital, DT Capital Partners,
Zhen Cheng Capital, Qingsong Fund, and 1 more
EARLY STAGE
Series A
VIWOR Network (2014, Chaoyang)
PIM tools for e-tailers
Wild Grass Ventures
EARLY STAGE
Series A
Comma Internet Technology (2015, Nanshan)
Provider of web-based wearable technology for
warehouse automation
Lenovo, Shenzhen SME Credit Financing Guarantee
Group
EARLY STAGE
Series B
CytoNiche (2018, Haidian)
Developers of 3D cell high-throughput drug screening
products using stem cells
Gaorong Capital, Sinovac, 3E BioVentures, Sinopharm,
DT Capital Partners, and 4 more
EARLY STAGE
Series A
LigaAI (2020, Shenzhen)
Cloud based platform offering enterprise collaboration
software
Eminence Ventures
EARLY STAGE
Series A
Grin (2019, Tel Aviv, $14.0M)
Provider of therapy planning app for orthodontists and
dentists
American Association of Orthodontists
EARLY STAGE
Series B
Tooth collar (2017, Nanshan, $20.0M)
Provider of AI and cloud-based diagnosis tools for
dentists
EARLY STAGE
Series A
Keyfunc (2021, Pudong)
Cloud-based suite solutions for digital transaction
management
Gobi Partners, Yonyou
EARLY STAGE
Series A
Beijing Momentary Intelligent Technology
(2017, Haidian)
Provider of an AI-based sorting system for
manufacturing applications
SIG China

27
EARLY STAGE
Series B
HoloMatic (2017, Beijing)
AI-enabled platform offering autonomous driving
solutions for cars
GAC Capital
EARLY STAGE
Series A
FreshKet (2016, Bangkok, $3.0M)
Online B2B marketplace offering farm products
ORZON Ventures
EARLY STAGE
Series B
Mooe Robot (2016, Shanghai, $2.0M)
Provider of AI-enabled robots for warehouse logistics
automation
BlueRun Ventures, Chen Tao Capital
EARLY STAGE
Series B
Ermetic (2019, Tel Aviv, $100.0M)
Cloud based platform offering identity and data
protection solutions
Splunk
EARLY STAGE
Series B
Haegin (2017, Geumcheon)
Mobile game developer focusing on mid-core games
NetEase Games, Kakao Games, VNG
EARLY STAGE
Series A
Yinapu (2017, Hangzhou)
Developer of medical detection and analysis platform
for molecular analysis
Shanghai Reigncom Biotechnology, BC Capital
EARLY STAGE
Series A
InvestaX (2015, Singapore)
Online trading platform for tokenized real estate
securities
Coinbase, Gate Ventures, Sustainable Stock Exchanges
Initiative, Startup-O, Thakral Corporation, and 6 more
EARLY STAGE
Series A
5C Network (2014, Bangalore, $1.8M)
Provider of cloud-based teleradiology solutions to
hospitals and physicians
1mg, Vikram Vuppala, Om Manchanda, Viren Prasad
Shetty
EARLY STAGE
Series A
Mega Phase Technology (2020, Shanghai)
Manufacturer of structured light technology-based 3D
cameras
Northern Light Venture Capital

28
EARLY STAGE
Series B
Cakap (2015, Jakarta, $13.0M)
SaaS and app-based platform providing multiple
language learning solutions
Indonesia Impact Fund
EARLY STAGE
Series A
Cloudpick (2017, Shanghai, $6.5M)
Platform offering suite of software solutions to offline
retailers
Epson X Investment Corporation, Global Brain, CVC
Capital Partners, UB Ventures
EARLY STAGE
Series A
Zixing Artificial Intelligence (2015, Changsha)
AI-based chromosome analysis tool for providers
EARLY STAGE
Series A
Xinlueshuzhi (2020, Haidian, $15.8M)
Cloud based platform offering customer segmentation
solutions
GL Ventures, Sequoia China, Vision Plus Capital
EARLY STAGE
Series A
GoWabi (2016, Bangkok)
On-demand wellness marketplace
ORZON Ventures
EARLY STAGE
Series A
Willowmore (2014, Singapore)
Provider of smart locks
Greenwillow Capital Management
EARLY STAGE
Series B
Enkris Semiconductor (2013, Suzhou)
Developer of GaN epi-wafers
Goertek, Communist Youth League, Hillhouse, Huiyou
Capital, Yuanhe Holdings, and 6 more
EARLY STAGE
Series A
Shenzhen Huiniu Technology (2017, Shenzhen)
Developer of AR/VR display module
, Zelos Venture Partners
EARLY STAGE
Series A
Ringle (2015, Gangnam, $26.9M)
Online platform providing English language learning
solutions
Do Ventures

29
EARLY STAGE
Series A
Fujian Duoduoyun Technology (2015, Fuzhou)
Provider of cloud gaming platform
Zhen Cheng Capital
EARLY STAGE
Series B
KnolSkape (2008, Bangalore)
Gamification based Learning for Companies
Mela Ventures
EARLY STAGE
Series A
Ninetech (2020, )
Cloud-based platform for robotic process automation
Qingsong Fund, GSR Ventures
EARLY STAGE
Series A
DragonTesting (2015, Suzhou)
Platform offering automated testing software
Zhejiang University
EARLY STAGE
Series A
Zhongbo Ruikang (2013, Beijing)
Provider of diversified services
Grand Flight Investment, CHUANGXIN
EARLY STAGE
Series A
ZAP E-Store (2020, )
Platform offering eCommerce solution for businesses
True Digital Group
EARLY STAGE
Series A
aiXcoder (2017, Beijing)
Platform offering AI-based programming assistant
software
Hillhouse
EARLY STAGE
Series B
AiBee (2017, Haidian, $175.4M)
Provider of voice recognition, language understanding,
and data analysis services
Xiaomi, China Merchants Fund Management
EARLY STAGE
Series A
Points (2017, Chaoyang, $9.5M)
Blockchain-based credit data marketplace
4Paradigm, Shenzhen Capital Group
EARLY STAGE
Series A
OmniActive (2004, Mumbai, $35.3M)
Developer of nutritional supplements for multiple
health ailments
IIFL Asset Management

30
SEED STAGE
$12.1K - Angel
RenewBuy (2015, Gurgaon, $95.3M)
Online comparison platform for life and non-life
insurances
Raju Soni
SEED STAGE
$44.7K - Angel
Styched (2019, Bangalore, $721.2K)
Internet first brand offering multi-category fashion
products for men and women
Gopala Reddy, Shruti Dugar, Puneet Kala, Alpesh Suriya
SEED STAGE
$45.5K - Seed
RackBank (2013, Indore, $45.5K)
Data center and hosting services provider
IFCI Venture Capital Funds
SEED STAGE
$65.5K - Angel
Ariro Toys (2020, Chennai, $65.5K)
Internet first brand offering eco-friendly handcrafted
toys for kids
Aman Gupta, Peyush Bansal
SEED STAGE
$98.6K - Angel
AULI Lifestyle (2015, Kolkata, $224.6K)
Internet-first brand offering natural skin care products
Namita Thapar
SEED STAGE
$98.9K - Seed
Bummer (2019, Ahmedabad, $276.2K)
Internet first brand offering inner-wear for men and
women
SEED STAGE
$125.0K - Seed
Kaagaz (2020, Gurgaon, $721.8K)
Provider of a cloud-based document scanning and
storage app
Y Combinator
SEED STAGE
$125.0K - Seed
NinjaStudy (2022, Bangalore, $125.0K)
AI-based platform providing English language learning
solutions
Y Combinator
SEED STAGE
$125.0K - Seed
Harmoney (2020, Mumbai, $125.0K)
Online investment platform for bonds
Y Combinator

31
SEED STAGE
$125.0K - Seed
Vance (2022, Parel, $125.0K)
Online platform for revenue-based financing
Y Combinator
SEED STAGE
$125.0K - Seed
Yodaa (2020, Mumbai, $125.0K)
Payment card and money management app for teens
Y Combinator
SEED STAGE
$125.0K - Seed
Material Depot (2021, Hyderabad, $375.0K)
Provider of an online marketplace for building
materials
Y Combinator
SEED STAGE
$125.0K - Seed
Bipi (2021, Jakarta, $125.0K)
Provider of POS solutions for corner stores
Y Combinator
SEED STAGE
$125.0K - Seed
BharatX (2019, Chennai, $375.0K)
Y Combinator
SEED STAGE
$125.0K - Seed
Tingo (2022, Gurgaon, $125.0K)
Provider of a social dialer app
Y Combinator
SEED STAGE
$125.0K - Seed
Transfez (2018, Jakarta, $125.0K)
Online remittance platform for individuals and
businesses
Y Combinator
SEED STAGE
$131.0K - Seed
Revoh (2017, Chennai, $131.0K)
Tech-enabled end-to-end hardware and software
solutions for electric vehicles
IITM Incubation Cell
SEED STAGE
$131.1K - Seed
perspectAI (2017, Hyderabad, $828.5K)
AI-based gamified talent assessment platform provider
T-Hub
SEED STAGE
$160.0K - Seed
PensionBox (2021, Bangalore, $193.3K)
AI-based enabled platform for retirement planning for
the workforce
Keynote, Sat Industries, Kishore Ganji, Aprameya
Radhakrishna, Ganji Kishore Kumar, and 9 more

32
SEED STAGE
$200.0K - Angel
NextMeet (2020, Hyderabad, $314.8K)
Provider of an avatar-based VR platform for remote
collaboration
Sudhakar Reddy Chirra
SEED STAGE
$325.3K - Seed
Atmosphere (2020, Mumbai, $325.3K)
Online retail platform offering multi-category furniture
Italica
SEED STAGE
$328.5K - Seed
Carnot (2015, Mumbai, $2.2M)
Provider of an AI-enabled guidance system for Tractors
Mahindra
SEED STAGE
$350.0K - Seed
GetWyld (2021, Mumbai, $350.0K)
Online platform offering discount cards and social
network-based shopping
Better Capital, Singularity Ventures, Aman Gupta, Aditi
Shrivastava, Sameer Mehta, and 9 more
SEED STAGE
$394.2K - Seed
O hi (2021, Jaipur, $394.2K)
Online platform to discover and connect with people at
restaurants
Rahul Mehta
SEED STAGE
$400.0K - Seed
honc (2020, Hyderabad, $533.4K)
App-based platform that provides onsite car wash &
detailing services
Amey Mashelkar, Jasminder Singh Gulati, Nilesh Patel
SEED STAGE
$400.0K - Seed
Flashy (2021, Dubai, $400.0K)
An online marketplace platform for hiring
photographers
TA Ventures
SEED STAGE
$400.0K - Seed
Paperplane (2021, Kanpur, $400.0K)
Online platform providing clinic management solutions
Cornerstone Venture Partners Fund, LV Angel Fund
SEED STAGE
$400.0K - Seed
Welly (2020, Delhi, $400.0K)
Provider of healthcare supplements
Anthill, Roshan Abbas, Allu Sneha Reddy

33
SEED STAGE
$436.7K - Angel
Mokobara (2019, Bangalore, $1.1M)
Internet-first brand offering luggage
Ashish Goel
SEED STAGE
$459.0K - Seed
MediSim VR (2018, Chennai, $459.0K)
Provider of simulators for healthcare training
IPV, The Chennai Angels, Jana Balasubraman
SEED STAGE
$500.0K - Seed
NutrifyToday (2021, Hyderabad, $500.0K)
AI and cloud-based marketplace management platform
for healthcare professionals
Anand Swaroop
SEED STAGE
$500.0K - Seed
Blocknom (2021, Jakarta, $500.0K)
App-based platform to manage crypto portfolio and
earn rewards
Y Combinator, Magic Fund, Number
SEED STAGE
$537.5K - Seed
KidEx (2020, Gurgaon, $1.0M)
Online platform providing gamified experimental
learning certification platform
Lead Angels, Samratap, Shantanu Preetam, Kushal J
Khandwala, Nupur Pavan Bang, and 10 more
SEED STAGE
$600.0K - Seed
ReverseAds (2018, Phuket, $600.0K)
Platform offering privacy first campaign management
software
Choco Up
SEED STAGE
$605.6K - Seed
Tensor Energy (2021, Chiyoda-ku, $605.6K)
AI-driven platform offering portfolio management
solutions for renewable energy operators
Genesia Ventures
SEED STAGE
$613.6K - Seed
Talkative Parents (2014, Bangalore, $613.6K)
Platform offering contact center solutions
Development Bank of Wales, Wesley Clover
SEED STAGE
$650.0K - Seed
IntelleWings (2018, Delhi, $823.4K)
AI-enabled AML solutions for financial institutions
Padup Ventures, Lead Angels, Reinforced Ventures,
Dallas Venture Capital, Vinners, and 1 more

34
SEED STAGE
$727.3K - Seed
Eat Better (2020, Jaipur, $727.3K)
Platform offering dry fruits
JavaCapital, Mumbai Angels, Plan B capital, ShipRocket,
Capier Investments, and 9 more
SEED STAGE
$750.0K - Seed
VAMA (2020, Delhi, $1.0M)
Online platform offering astrology services
Huddle, 7Square Ventures, Kunal Shah, Varun Alagh,
Harit Nagpal, and 11 more
SEED STAGE
$809.8K - Seed
Microtube Technologies (2018, Singapore,
$809.8K)
Manufacturer of impact sensors
Greenwillow Capital Management
SEED STAGE
$1.0M - Seed
Macmerise (2012, Mumbai, $1.0M)
Private label brand offering mobile accessories
IPV, NAFA Capital Advisors, Ajmera Realty, Amitabh
Bachchan, Tarun Katial
SEED STAGE
$1.0M - Seed
Hashstack Finance (2021, Bangalore, $1.0M)
DeFi under-collateralised lending protocol
Ghaf Capital Partners, Moonrock Capital,
MarketAcross, Chain Ridge Capital, Kane & Rao Group,
and 1 more
SEED STAGE
$1.0M - Seed
Darent (2021, Jeddah, $1.0M)
App-based holiday homes booking marketplace
Watheeq Proptech Venture
SEED STAGE
$1.0M - Seed
Growfitter (2016, Mumbai, $2.5M)
Provider of reward-based fitness training programs
Inflection Point Ventures, Mumbai Angels, Startup
Angels Network, Blockchain Founders Fund, JPIN, and 4
more
SEED STAGE
$1.0M - Seed
Pocketly (2019, Bangalore, $1.3M)
App-based platform for micro-loans
Dholakia Ventures, Kunal Shah, Apurva Parekh,
Siddharth Somaiya, Aaryaman Vir Shah
SEED STAGE
$1.0M - Seed
Zantrik (2018, Dhaka, $1.7M)
App-based platform to avail on-demand automotive
services
Bangladesh Angels, Startup Bangladesh

35
SEED STAGE
$1.0M - Seed
Mentor Match (2020, Chennai, $1.0M)
Online platform providing college entrance exam
doubt clearance solutions
Sapient Wealth
SEED STAGE
$1.0M - Seed
Bave (2017, Hanoi, $1.0M)
Provider of connected vehicle commerce platform
Touchstone Partners
SEED STAGE
$1.0M - Seed
Opaper (2021, Jakarta, $1.0M)
Platform offering order management solution for
online businesses
Ratio Ventures, On Deck, Precursor Ventures
SEED STAGE
$1.0M - Seed
DRIPS (2019, Chiyoda-ku, $1.7M)
Provider of an online platform for dental and
orthodontic treatments under discounts
SEED STAGE
$1.1M - Seed
Gamerji (2018, Ahmedabad, $1.7M)
Real money based gaming platform
Unicorn India Ventures, Stadia Ventures
SEED STAGE
$1.1M - Seed
MetalBook (2021, Delhi, $1.1M)
Provider of a SaaS-enabled marketplace for steel
auctioning
Axilor Technology Fund 1, Stride Ventures, RTP
Ventures, Foundamental, Shridhar Gupta, and 1 more
SEED STAGE
$1.2M - Seed
Gamepay (2022, Singapore, $1.2M)
Provider of NFT-and Defi-based metaverse gaming
platform
Seier Capital, 8I Holdings
SEED STAGE
$1.2M - Seed
Taqanal Energy (2018, Bangalore, $1.2M)
Provider of solutions for energy storage management
system
JITO Incubation & Innovation Foundation, KITVEN,
LetsVenture, Wellington Advisors
SEED STAGE
$1.3M - Seed
Circles (2017, Riyadh, $1.3M)
App-based public circle investment platform
Scopeer

36
SEED STAGE
$1.3M - Seed
JiPay (2021, Hong Kong, $1.3M)
Prepaid expense management card for domestic
workers
East Ventures, , Manila Angel Investors Network,
Shivaas Gulati
SEED STAGE
$1.4M - Seed
Spiders Mobility (2020, Jeddah, $1.4M)
App-based platform offering electric kick-scooter
sharing services
Watheeq
SEED STAGE
$1.5M - Seed
Techforce.ai (2016, Reston, $1.5M)
Integrated cognitive automation platform
Arjun Malhotra, Bhaskar Pramanik, Somshankar Das
SEED STAGE
$1.5M - Angel
Molitics (2016, Gurgaon, $1.5M)
Mobile app that delivers political news
Saamag
SEED STAGE
$1.6M - Seed
Wuxi Si-Power Micro-electronics (2003, Wuxi,
$1.6M)
Provider of mixed-signal SoCs for audio and video
applications
Addor Capital
SEED STAGE
$1.6M - Angel
GigaCeuticals (2018, Changping, $1.6M)
AI enabled platform for drug discovery
Sangel Capital
SEED STAGE
$1.6M - Seed
Speediance (2020, Shenzhen, $1.6M)
Provider of smart exercising equipment
Frees Fund
SEED STAGE
$1.6M - Seed
Guangzhou Smart Intelligent Technology (2017,
Guangzhou, $1.6M)
Manufacturer of multiple robotic end-effectors for
industrial robots
Guangdong Cultural Investment
SEED STAGE
$1.6M - Seed
AjnaLens (2014, Thane, $7.7M)
Provider of AI-powered mixed reality glasses
LetsVenture, JITO Incubation & Innovation Foundation

37
SEED STAGE
$1.6M - Seed
Xeno (2015, Delhi, $1.6M)
Provider of marketing solution for businesses
VINYL, Techstars, , JavaCapital, Angel Invest Ventures,
and 11 more
SEED STAGE
$1.7M - Seed
Meety (2019, Minato, $1.7M)
Online interviewing platform provider
HIRAC, XTech Ventures, ANOBAKA
SEED STAGE
$1.7M - Seed
Mala'a (2020, Riyadh, $1.7M)
App-based personal finance management platform for
individuals
Wealth Well, Venture Souq, Khwarizmi Ventures,
Impact46
SEED STAGE
$1.7M - Seed
Pi Beam (2013, Chennai, $3.0M)
Manufacturer of electric-motorcycles
IPV, Conscience Multi Family Office, Sattva Group,
Sincere Syndication, Arshad Sayyad, and 3 more
SEED STAGE
$1.7M - Seed
M Village (2021, Ho Chi Minh City, $1.7M)
Provider of coliving accommodations
Simple Tech Investment, Vulpes Ventures, Genesia
Ventures
SEED STAGE
$1.8M - Seed
TimelyAI (2021, Bangalore, $1.8M)
Platform offering software for scheduling
appointments
SEED STAGE
$2.0M - Seed
Data Science Wizards (2019, Mumbai, $2.0M)
AI based automation solutions for insurers
Clover Infotech
SEED STAGE
$2.0M - Seed
Carasti (2019, Dubai, $5.0M)
App-based car subscription platform
Rua Growth Fund, Net Ventures
SEED STAGE
$2.0M - Seed
Zapkey (2016, Mumbai, $2.0M)
Online platform providing property registration data
Gruhas, Blume Ventures, DLF Venture, Alkem
Laboratories, Aprameya Radhakrishna, and 2 more
SEED STAGE
$2.0M - Seed
AdLunam (2021, Singapore, $2.0M)
NFT-based engage to earn proof of attention IDO
platform

38
SEED STAGE
$2.0M - Seed
AQUANEE (2021, Singapore, $2.0M)
Developer of PC and console-based blockchain games
Polygon, HG Ventures, BitMart, Cipholio
SEED STAGE
$2.1M - Seed
Deliq Finance (2021, Pune, $2.1M)
Blockchain-based network for liquidity infrastructure
layer
Shima Capital, LD Capital, Polkastarter, Hotbit, Bixin
Ventures, and 12 more
SEED STAGE
$2.2M - Seed
Saarthi Pedagogy (2018, Ahmedabad, $3.1M)
Online learning resource provider for teachers
Pinnacle Investment Management, LetsVenture
SEED STAGE
$2.2M - Seed
Cub McPaws (2018, Mumbai, $5.2M)
Internet-first brand offering apparel for kids
SEED STAGE
$2.2M - Seed
Handprint (2019, Singapore, $2.2M)
Platform offering carbon emission tracker for online
businesses
Thunes
SEED STAGE
$2.2M - Seed
Baims (2018, Kuwait City, $2.2M)
Online platform providing courses on multiple topics
Rasameel Investment Company
SEED STAGE
$2.2M - Seed
Janani (2020, Bangalore, $3.5M)
End-to-end solutions for sexual and reproductive
health
Y Combinator, Olive Tree Capital, Goodwater Capital,
Brightlane Ventures, Soma Capital, and 3 more
SEED STAGE
$2.4M - Seed
Commerce DotAsia (2017, Kuala Lumpur, $2.4M)
Platform offering end-to-end e-commerce solutions for
businesses
SEED STAGE
$2.5M - Seed
Funding Souq (2018, , $2.5M)
P2P marketplace for working capital loans
Islamic Finance Guru, Amal Dokhan, Christian Kunz,
Omar Aljeraisi, Mazin Alzaidi, and 1 more

39
SEED STAGE
$2.5M - Seed
Alaan (2021, Dubai, $2.5M)
Financial analysis and spend management solutions for
businesses
468 Capital, Global Founders Capital, Presight Capital,
Mato Peric, Erik Podzuweit, and 2 more
SEED STAGE
$2.5M - Seed
SoBanHang (2021, Ho Chi Minh City, $4.0M)
Provider of storefront solution for online businesses
FEBE Ventures, AlleyCorp, Trihill Capital, Class 5
SEED STAGE
$2.5M - Seed
MetaDerby (2021, Shanghai, $2.5M)
NFT-based trading platform for horse racing games
Old Fashion Research
SEED STAGE
$2.5M - Seed
ProJini AgChem (2019, Karmiel, $2.5M)
Developer of pesticides solutions
The Trendlines Group, MIGAL,
SEED STAGE
$2.5M - Seed
Lecturenotes.in (2011, Bhubaneswar, $2.9M)
Online repository of student-sourced lecture notes
Jani Ventures
SEED STAGE
$2.5M - Seed
HedgeWiz (2016, Tel Aviv, $2.5M)
Cloud-based currency risk management solutions for
businesses
Eyal Waldman, Stella Handler
SEED STAGE
$2.7M - Seed
ElevationSpace (2020, Miyagi, $2.7M)
Manufacturer of AI-based satellites
Genesia Ventures, Plug and Play Tech Center, Tohoku
University Venture Partners, Mirai Creation
Organization, MAKOTO Capital, and 1 more
SEED STAGE
$2.7M - Seed
Datature (2018, Singapore, $2.7M)
A Platform for training and deploying machine learning
models
Openspace Ventures, January Capital
SEED STAGE
$2.7M - Seed
BuyerAssist (2020, Pune, $4.7M)
Platform offering buyer engagement solutions

40
SEED STAGE
$3.0M - Angel
Fipola (2016, Chennai, $12.8M)
Processor and retailer of meat products
C. Ok. Ranganathan
SEED STAGE
$3.0M - Seed
Qawafel (2020, Riyadh, $3.0M)
Online B2B marketplace offering multi-category
products
, Khwarizmi Ventures
SEED STAGE
$3.0M - Seed
PLANT CARTRIDGE (2015, Kuala Lumpur, $3.0M)
Vertically integrated company focused on providing
tech enabled solutions
500 Global
SEED STAGE
$3.0M - Seed
The Ayurveda Co (2020, Gurgaon, $3.0M)
Internet first brand offering multi-category ayurvedic
beauty products
Wipro, Rahul Gupta, Harsh Gupta
SEED STAGE
$3.0M - Seed
Seekho (2021, Gurgaon, $3.0M)
Center of education providing professional education
courses
Surge, JM Financial, Trica, Yujkutumb, LetsVenture, and
3 more
SEED STAGE
$3.0M - Seed
Zocket (2021, Chennai, $3.5M)
Platform offering social media based campaign
management software
Kalaari Capital, Kettleborough VC, Taijitu opportunities,
Jasminder Singh Gulati
SEED STAGE
$3.0M - Seed
Locofy (2021, Singapore, $3.0M)
Platform offering low code web application
development software
Golden Gate Ventures, Boldcap Ventures, Accel,
January Capital
SEED STAGE
$3.5M - Seed
EnggOnline (2005, Mumbai, $3.5M)
Mobile-based platform providing Engineering-related
learning solutions
Madhu Kela, PS Jayakumar, Kishor Shah, Kirti Doshi,
Sanjay Dangi, and 4 more
SEED STAGE
$3.5M - Seed
CannerFlow (2020, Taipei, $3.5M)
Cloud data mesh platform for data management and
orchestration
Taiwania Capital, SparkLabs Taipei, HIVE Ventures

41
SEED STAGE
$3.8M - Seed
KlayCity (2021, Seoul, $3.8M)
Provider of NFT-based virtual world game
Krust, Animocabrands, , OKX, , and 9 more
SEED STAGE
$3.9M - Seed
Finblox (2021, Hong Kong, $3.9M)
App-based platform for trading in cryptocurrency
Dragonfly Capital, Saison Capital, Sequoia Capital
SEED STAGE
$4.0M - Seed
Affogata (2020, Bnei Brak, $9.5M)
Provider of brand reputation analytics platform
SEED STAGE
$4.0M - Seed
Soum (, , $4.0M)
Online marketplace platform offering pre-used
electronic products
Outliers Venture Capital, Khwarizmi Ventures, Mazen
Aljubeir, Ammar Alkhudairy
SEED STAGE
$4.0M - Seed
Shikho (2019, Dhaka, $5.6M)
Mobile-based platform providing school-based learning
solutions
WaveMaker
SEED STAGE
$4.0M - Seed
Credilio (2020, Mumbai, $4.8M)
Online marketplace for personal loans
Cornerstone Venture Partners Fund, Exfinity Venture
Partners, Mukul Agarwal
SEED STAGE
$4.0M - Seed
iSprout (2016, Hyderabad, $4.0M)
Provides managed co-working spaces
SEED STAGE
$4.0M - Seed
Cybord (2020, Tel Aviv, $4.0M)
Provider of AI-powered material compliance
monitoring software for PCB manufacturers
IL Ventures,
SEED STAGE
$4.0M - Seed
Zaapi (2020, Singapore, $4.0M)
Platform offering storefront solution for online
businesses
Flourish, Global Founders Capital, Partech Partners,
Kaya Founders, XA Network, and 3 more

42
SEED STAGE
$4.5M - Seed
SPACE WALKER (2017, Minato, $4.5M)
Manufacturer of spacecraft
SEED STAGE
$4.5M - Seed
Propel (2017, Jaffa, $5.6M)
Public relations management software
NFX, VSC Ventures, Guy Schory
SEED STAGE
$5.0M - Seed
DailyMealz (2015, Riyadh, $7.0M)
Provider of subscription-based healthy food delivery
platform
HALA Ventures, Vida Holding Group, Saudi Airlines
Catering, SEEDRA Ventures
SEED STAGE
$5.0M - Seed
CREDOPAY (2017, Chennai, $7.5M)
Cloud-based merchant banking solution
EzSwype, Zent International
SEED STAGE
$5.0M - Seed
Maverick Medical AI (2018, Tel Aviv, $7.7M)
AI-based solution for analyzing symptoms of patients
LionBird, Firstime, Ariel Maislos, Ofir Shalvi, Ehud
Weinstein, and 1 more
SEED STAGE
$5.0M - Seed
Red Door Digital (2018, , $5.0M)
Developer of play-to-earn blockchain-based PC games
Shima Capital, Maven Capital Partners, LucidBlue
Ventures, Cryptology
SEED STAGE
$5.2M - Seed
Dukkantek (2021, Dubai, $5.2M)
Cloud-based suite solutions for digital transaction
management
Global Founders Capital, Comma, nowaisi.com,
Wamda, Annex Investments, and 3 more
SEED STAGE
$5.5M - Seed
SuperK (2019, Kadapa, $7.1M)
Provider of store retail chain solution for Tier 2 towns
021 Capital, Blume Ventures, Mars Shot Ventures,
Saikiran Krishnamurthy, Ankit Nagori, and 2 more
SEED STAGE
$6.0M - Seed
Junio (2020, Delhi, $8.0M)
Prepaid cards for children
NB Ventures, Rajiv Dadlani Group

43
SEED STAGE
$6.0M - Seed
edgegrid (2013, Hyderabad, $6.0M)
App-based power trading platform
Lightrock, Theia Ventures
SEED STAGE
$6.0M - Seed
AgriAku (2021, Jakarta, $6.0M)
Distribution enabler for crop inputs
Go Ventures, MDI Ventures, Mercy Corps, Arise
SEED STAGE
$6.0M - Seed
Pluto (2021, Dubai, $6.0M)
Expense & card management solutions for small
businesses
Global Founders Capital, OldSlip Group, Graph
Ventures, Adapt Ventures, Soma Capital
SEED STAGE
$6.5M - Seed
Skyline Robotics (2017, Tel Aviv, $9.5M)
Developer of window cleaning robots
Gefen Capital, Karcher New Venture
SEED STAGE
$6.9M - Seed
MYTM (2018, Lahore, $7.2M)
Provider of e-ticketing solutions enabling to customers
to buy tickets through digital platforms
, 100X.VC, Loyal, Payment Express, United Seven Hills
SEED STAGE
$8.0M - Seed
DELOS Aqua (2021, Menteng, $8.0M)
Operators of land-based recirculating aquaculture
systems for sustainable production of shrimp
Alpha JWC Ventures, MDI Ventures, Mahanusa Capital,
Number Capital, Arise, and 4 more
SEED STAGE
$8.2M - Seed
OneLayer (2021, , $8.2M)
Provides IoT security solutions for the cellular network
Grove Ventures, Viola Group, Avi Shua, Ariel Zeitlin,
Gonen Fink, and 1 more
SEED STAGE
$8.3M - Seed
Wagely (2019, Jakarta, $14.0M)
Online platform for payday loans
Central Capital Ventura, Trihill Capital, Global Founders
Capital, Blauwpark Partners, Asian Development Bank,
and 3 more
SEED STAGE
$8.5M - Seed
Brain.Space (2018, Tel Aviv, $8.5M)
Digital brain activity analysis device for providers
Mangrove Capital Partners

44
SEED STAGE
$8.8M - Seed
APEIRON (2021, Singapore, $8.8M)
Online NFT-based fantasy gaming platform
GuildFi, Zombie Club, YGGSEA, SKYVISION, Enzac
Research
SEED STAGE
$10.0M - Seed
TipTip (2021, Jakarta, $10.0M)
Online platform offering a reward-based UGC
East Ventures, Vertex Ventures, Emtek, SMDV
SEED STAGE
$12.0M - Seed
EthSign (2021, Shanghai, $12.7M)
Cloud based software for electronic signature
Sequoia Capital, Mirana, Amber Group, Hack VC, Circle
Ventures, and 2 more
SEED STAGE
$12.0M - Seed
Brew (2019, Tel Aviv, $12.0M)
Platform to benchmark marketing activities through
competitive intelligence
Aleph Venture Capital, MizMaa, Gefen Capital
SEED STAGE
$12.5M - Seed
Plantish (2018, , $14.5M)
Provider of plant based seafood
State of Mind Ventures, Unovis Asset Management,
TechAviv, Pitango, Smart Agro, and 4 more
SEED STAGE
$13.0M - Seed
Lendai (2019, Jerusalem, $13.0M)
Online platform for residential mortgage loans
Meron, Cardumen Capital, Discount Capital, Viola
Group, Mindset Ventures, and 1 more
SEED STAGE
$15.0M - Seed
BeamUP (2019, Tel Aviv, $15.0M)
AI-based design solution for the construction
professionals
StageOne Ventures, Ibex Investors, Chano Fernandez
SEED STAGE
$18.0M - Seed
Treehouse (2021, Singapore, $18.0M)
Portfolio tracking & management solutions for
cryptocurrency
Lightspeed Venture Partners, MassMutual Ventures,
Binance, Wintermute, Jump Capital, and 4 more
SEED STAGE
$20.0M - Seed
Kuhoo (2021, Mumbai, $20.0M)
Online platform providing student loans for students
WestBridge

45
SEED STAGE
$30.0M - Angel
BlueStone (2011, Bangalore, $104.2M)
Internet first brand offering jewelry and accessories
Sunil Kant Munjal
SEED STAGE
$392.7M - Seed
MOOVING (2019, Gangnam, $392.7M)
Tech-enabled platform offering last-mile delivery
services through an electric fleet of vehicles
Infinitum Partners, , NowIB Capital, K-Growth", Rhinos
Asset, and 1 more
SEED STAGE
Seed
DEFIYIELD (2021, Dubai)
Decentralized platform to control digital assets
Fenbushi Capital
SEED STAGE
Angel
China Tax Network Holdings Co (2003, Beijing)
Cloud-based accounting and invoice management
Albatross Venture
SEED STAGE
Angel
Semisight (2020, Shanghai)
Provider of an integrated circuit simulator tool
Huiyou Capital, Plum Ventures
SEED STAGE
Seed
Beijing Weilan New Energy Technology (2016,
Beijing)
Developer of solid-state lithium batteries
Xiaomi, Huawei
SEED STAGE
Angel
Stage3 (2015, Delhi, $5.7M)
Online marketplace offering second-hand multi-
category fashion products
Athiya Shetty
SEED STAGE
Seed
IoT KIDS (2018, )
SaaS-based platform providing multi-disciplinary
learning courses for kids
EarthLink Telecommunications, GIZ
SEED STAGE
Seed
WCube (2019, Gurgaon)
Provider of software suite solutions for the enterprise
Mumbai Angels, x10x ventures

46
SEED STAGE
Seed
I.O.T. Workz (2018, Singapore)
Provider of industrial IoT services
Beng Kuang Group
SEED STAGE
Seed
QPe (2021, Delhi)
Platform offering storefront solution for offline
businesses
Daniel Keloha
SEED STAGE
Seed
StakeWise (2018, Tel Aviv, $2.0M)
Online staking platform for cryptocurrencies and digital
tokens
Blockdaemon, Boldstart Ventures
SEED STAGE
Seed
Doosan Mobility Innovation (2018, Yongin)
Manufactures of unmanned aerial vehicles and related
components for industrial applications
IDG Capital, Korea Investment Partners, DS
SEED STAGE
Seed
Phono Logix (2020, Chennai)
Provider of an online speech therapy platform for
people with autism
DERBI Foundation
SEED STAGE
Seed
Calligotech (2012, Bangalore, $320.2K)
Platform offering high performance computing solution
KITVEN, UST,
SEED STAGE
Angel
Plutoverse (2021, Mumbai)
Provider of a VR-based social platform
Jayanti Kanani
SEED STAGE
Seed
Cooby (2019, Taipei, $2.9M)
AI based customer platform providing messaging
marketing solutions
Surge, Pear Ventures
SEED STAGE
Seed
Hooenergy (2016, Futian)
Charging solutions for electric vehicles
Haier Capital

47
SEED STAGE
Seed
Oorjaa (2021, Mumbai)
Offers AI & web-based freight transportation
IPV, Vinners
SEED STAGE
Seed
MX Global (2018, Petaling Jaya)
Online exchange platform for cryptocurrency
Binance, Cuscapi
SEED STAGE
Seed
rises.io (2017, Pune)
Provider of AI application development & analytics
services
SEED STAGE
Seed
Coexin Technologies (2020, Bangalore)
Online electronic cognitive diagnostic and exercise
tools for patients
DERBI Foundation
SEED STAGE
Seed
Hesa (2021, Hyderabad, $2.0M)
Correspondent banking solutions
Hyderabad Angels
SEED STAGE
Angel
Beijing CyberLink Technology Co (2019, Haidian)
Cloud-based platform for production analysis
SEED STAGE
Angel
Tianyancha (2014, Beijing, $22.9M)
Data provider of IP rights, trademarks and financing
history of various companies in China
Dark Horse Investment, Zhao Bin
SEED STAGE
Seed
CRE Matrix (2016, Mumbai, $288.7K)
Real estate data analysis platform
Sotheby’s International Realty
SEED STAGE
Seed
Sherpa (2017, Singapore)
Insurance agency leads conversion and sales solutions
for the insurance industry
Bolttech

48
SEED STAGE
Seed
Stack (2019, Bangalore, $5.1M)
Online robo advisor platform
SucSEED Indovation, Kunal Shah
SEED STAGE
Seed
FlowUs (2021, Beijing)
Cloud-based platform for document collaboration
In Capital, Volcano Capital, IDG Capital
SEED STAGE
Angel
PickYourTrail (2014, Chennai, $6.7M)
Online personalized holiday package booking platform
Kunal Shah, Adit Parekh, Vinay Ahuja
SEED STAGE
Angel
Blue Pulse (2018, Beijing)
Provider of a cloud and AI-enabled speech-to-text
platform
Eminence Ventures
SEED STAGE
Seed
Xinling Medical Technology (Shenzhen) Co
(2020, Shenzhen)
Developer of formulation platform for transdermal
patches and oral films
FUHO Capital Management
SEED STAGE
Seed
Denglin Technology (2017, Shanghai)
High-performance computing processor chips provider
Qualcomm Ventures
SEED STAGE
Seed
Marindows (2021, Chiyoda-ku)
Provider of AI-powered operating systems for marine
applications
Mitsubishi Heavy Industries
SEED STAGE
Seed
Physics Motors (2017, Bangalore)
Designs & manufactures electric vehicle drive train
systems
Kiran Patel
SEED STAGE
Seed
Fabrie (2021, Shanghai)
Cloud-based platform for whiteboard collaboration
Volcanics Venture, BAI Capital, Sequoia Capital
SEED STAGE
Seed
Dream Redeveloped (2020, Pune)
Provider of platform for redevelopment projects
listings
India Accelerator

49
SEED STAGE
Seed
HairVeda (2020, Delhi)
Internet first brand offering natural hair care products
Prashant Kaushik
SEED STAGE
Angel
BrioHR (2018, Kuala Lumpur, $1.3M)
Cloud-based human resource management software
solution
Georg Chmiel, Thariq Usman Ahmad
SEED STAGE
Seed
Ezone (2021, Haidian)
Platform offering continuous application deployment
software
Shunwei Capital
SEED STAGE
Seed
FlexC (2020, Gurgaon)
Online platform to connect freelance business
consultants and clients
FyneHand
SEED STAGE
Seed
LootMogul (2020, Mumbai)
Provider of an online sports quiz platform for NFT
rewards
Harmony
SEED STAGE
Seed
Tanzhen Technology (2020, Chaoyang)
Cloud application security solutions provider
Legend Star
SEED STAGE
Angel
CSK (2016, )
Manufacturer of an AI-enabled chip for multiple
applications
SEED STAGE
Angel
Ruisong Technology (2019, Haidian)
Provider of automatic driving systems using lidar,
robot, security monitoring, and artificial intelligence
Navinfo
SEED STAGE
Seed
Wellcurve (2019, Delhi, $600.0K)
products
Benevolent Capital, Tommy Rosen

50
SEED STAGE
Seed
AgriVijay (2020, Pune)
Online marketplace offering renewable energy
products & services for farmers
Indigram Labs
SEED STAGE
Angel
KICO (2021, Delhi)
AI and app-based platform offering online tutoring
solutions for school students
SEED STAGE
Seed
Chhotastock (2021, Bangalore)
Online platform for trading in stocks
SC Innovations Funds
SEED STAGE
Seed
Genevector therapeutics (2017, Chengdu)
Developer of adeno-associated virus (AAV) gene
therapy for multiple diseases
Wuhan Donghu High-tech Group, Ming Capital
SEED STAGE
Seed
Pick a Pier (2017, Tel Aviv)
Provider of a marina booking management platform
Lane Bess
SEED STAGE
Angel
Actifile (2015, Netanya, $100.0K)
Secure content & online documents monitoring &
sharing
Amotz Yarden
SEED STAGE
Seed
Malbork (2018, Bangalore)
App-based platform offering electric taxi-hailing
services
Yamaha Motor
SEED STAGE
Seed
IKONZ (2021, Singapore)
Monetization solutions for digital assets and artists
Woodstock, Village Global, Polygon Studios

New Investors (1/2)
List of New Investors in Asia Tech in March 2022
Asia Tech: List of New Investors
51
Investor Company Info Round Amount Round Name
First Plus
1 portfolio companies | Home | First Plus
AI Rudder
$50.00M Series B
Sparta Group
3 portfolio companies | Venture capital fund focused on multiple sectors
Pixxel
Provider of satellite-based Earth-imaging solutions
$25.00M Series A
Digital RFQ
1 portfolio companies | Trade management solutions for cryptocurrencies
Caduceus
Blockchain-based network for the metaverse development
$4.00M Series A
Transportation Resource Partners
5 portfolio companies | PE firm investing in North America
Classplus
Provider of tuition class management software
$70.00M Series D
Sinopharm
2 portfolio companies | Pharmaceutical distributor
CytoNiche
Developers of 3D cell high-throughput drug screening products using
stem cells
Undisclosed Series B
Unity Bank
2 portfolio companies | Commercial bank
UpScalio
Platform acquiring e-commerce businesses
$15.00M Series A
GIZ
1 portfolio companies | Advisory services provider
IoT KIDS
SaaS-based platform providing multi-disciplinary learning courses for
kids
Undisclosed Seed
Ola Electric
1 portfolio companies | Developer of electric scooters
StoreDot
Developer of nano and organic compound-based batteries for e-
vehicles
Undisclosed Series D
Reinforced Ventures
6 portfolio companies | Micro-venture capital fund investing in tech sectors
IntelleWings
AI-enabled AML solutions for financial institutions
$650K Seed
HKW
2 portfolio companies | Venture capital firm focused on growth-stage
companies
Draup
Sales enablement platform for enterprises
$20.00M Series A

New Investors (2/2)
List of New Investors in Asia Tech in March 2022
Asia Tech: List of New Investors
52
Investor Company Info Round Amount Round Name
Sincere Syndication
1 portfolio companies | Sincere Syndication
Pi Beam
Manufacturer of electric-motorcycles
$1.70M Seed
Kyushu Electric Power
1 portfolio companies | Power production company
Terra Drone Corp
Provider of services for aerial imaging survey
$70.00M Series B
DCI
3 portfolio companies | Diversified investment management firm and fund of
funds
Deliq Finance
Blockchain-based network for liquidity infrastructure layer
$2.10M Seed
Afcon
2 portfolio companies | EPC and project development services provider for
utility projects
Chakratec
Flywheel storage system
$30.00M Series C
Beng Kuang Group
1 portfolio companies | Marine equipment manufacturer and maintenance
solutions
I.O.T. Workz
Provider of industrial IoT services
Undisclosed Seed
Guangzhou Jinkong Fund Management
2 portfolio companies | Private equity fund focused on acquisitions
GAC NE
Manufacturer of smart electric cars
$403M Series D
Anjuke
1 portfolio companies | Online real estate listing platform
Chu Hang Technology
Provider of radar-based sensor systems for autonomous vehicles
$15.81M Series B
Goertek
7 portfolio companies | Manufacturer of consumer electronic products
Enkris Semiconductor
Developer of GaN epi-wafers
Undisclosed Series B
Hualing Capital
2 portfolio companies | Private equity firm focused on life science sector
Impact Therapeutics
Small molecule inhibitors of proteins involved in cancer
Undisclosed Series D
AIIB
4 portfolio companies | Development bank and infrastructure fund focused on
social infrastructure investments
Kaadas
Manufacturer of AI-based smart locks
$94.00M Series C

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
53
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲13 B2C Multi Product Marketplaces $4.1B 23 Flipkart | $3.6B | Series J
2 ▲8 Hyperlocal Delivery $2.9B 14 Swiggy | $1.3B | Series J
3 ▲8 Online Test Preparation Courses $2.7B 9 BYJU'S | $965M | Series F
4 ▲11 Digital Wallets $2.6B 23 Paytm | $1.1B | Series H
5 ▼-1 Car Ride Hailing $2.0B 16 Cao Cao Car | $589M | Series B
6 <> 0 Food Ordering Platforms $2.0B 7 Swiggy | $1.3B | Series J
7 ▲10 Automotive SoC $1.9B 7 Horizon Robot.. | $1.5B | Series C
8 ▲46 Online Travel Agencies $1.8B 9 Yanolja | $1.7B | Series E
9 ▲10 Autonomous Cars $1.7B 21 Momenta | $500M | Series C
10 ▼-8 Electric Car Manufacturers $1.5B 7 Leap Motor | $694M | Series C

New Analyst Picks (1/24)
Interesting Companies identified by Analysts in Asia Tech in March 2022
Asia Tech: Analyst Picks
54
Upgraded to UNICORN
Games24x7 (2006, Mumbai, $2.0M, Seed)
Developer of casual video games
Malabar Investments, Tiger Global Management, Raine
Group and 28 other Investors
Upgraded to UNICORN
CredAvenue (2017, Chennai, $90.0M, Series A)
Cloud-based lending solution for banks and credit
institutions
Insight Partners, B Capital Group, Dragoneer
Investment Group and 9 other Investors
Upgraded to UNICORN
RapidAPI (2014, Tel Aviv, $25.0M, Series B)
Platform offering API hubs
SoftBank Vision Fund, Qumra Capital, Andreessen
Horowitz and 15 other Investors
Upgraded to UNICORN
Oxyzo (2016, Gurgaon, $200M, Series A)
Online marketplace for business credit lines
Norwest Venture Partners and 2 other Investors
Upgraded to UNICORN
AiBee (2017, Haidian, $60.0M, Series A)
Provider of voice recognition, language understanding,
and data analysis services
Xiaomi, China Merchants Fund Management, ClearVue
Partners and 17 other Investors
Upgraded to SOONICORN
Blinkit (2013, Gurgaon, $24.0M, Series G)
supplies
Zomato, KTB Asset Management, The Times Group and
19 other Investors
Plum (2013, Thane, $2.2M, Series A)
Internet first brand offering organic skincare products
A91 Partners, Unilever Ventures, Faering Capital and 2
other Investors
Connecteam (2016, Tel Aviv, $37.0M, Series B)
Employee engagement application for organizations
Stripes, Insight Partners, Tiger Global Management and
6 other Investors
Atlan (2018, Delhi, $16.0M, Series A)
DataOps platform for multiple teams
Salesforce Ventures, Sequoia Capital, Insight Partners
and 24 other Investors

55
LambdaTest (2017, San Francisco, $1.0M, Seed)
Cloud-based cross browser testing solutions provider
Sequoia Capital, Telstra Ventures, Blume Ventures and
12 other Investors
GOQii (2014, Mumbai, Undisclosed, Series A)
Provider of a wearable wristband integrated with
personalized coaching
Animocabrands, Sumeru Ventures, 9Unicorns and 34
other Investors
FarMart (2015, Gurgaon, $2.4M, Seed)
P2P rental platform for farm equipment
General Catalyst Partners, Matrix Partners India,
Omidyar Network India and 54 other Investors
Livpure (2011, Gurgaon, $11.0M, Series A)
Internet first brand of smart water purifiers
NK Investment Group, Lakshya Holding, Ncubate
Capital Partners and 7 other Investors
BEEWISE (2018, Nahariya, $10.0M, Series A)
Provider of AI and SaaS-based autonomous beehive
Insight Partners, SANAD AD, Fortissimo Capital and 8
other Investors
Charge After (2016, Even Yehuda, Undisclosed,
Series A)
Phoenix Ventures, Citi, Banco Bradesco and 8 other
Investors
Bazaar (2020, Karachi, $1.3M, Seed)
Online B2B marketplace offering groceries
Dragoneer Investment Group, Tiger Global
Management, Indus Valley Capital and 14 other
Investors
Qure.ai (2016, Mumbai, $16.0M, Series A)
AI-based decision support tool for diagnostic images
MassMutual Ventures, HealthQuad, Novo Holdings and
14 other Investors
Altibbi (2008, Dubai, $6.5M, Series A)
Provider of telemedicine platform and community for
doctors
Foundation Holdings, Hikma Ventures, Global Ventures
PT Zenius Education (2007, Jakarta, Undisclosed,
Series A)
Provider of app-based courses for school education
MDI Ventures, Northstar Group, Alpha JWC Ventures
Growsari (2016, Pasig, Undisclosed, Series B)
Online B2B marketplace offering products and services
International Finance Corporation, KKR, Pavilion Capital
Partners and 6 other Investors
Multiplier (2020, Singapore, $13.2M, Series A)
Cloud-based payroll and compliance platform provider
Tiger Global Management, Sequoia, DST Global and 8
other Investors

56
ThreatBook (2015, Beijing, $1.6M, Seed)
Provider of cloud and AI-based open-source software
for cybersecurity
CDH Investments, Wise Road Capital, V Fund and 8
other Investors
Cyber Sixgill (2014, Netanya, $15.0M, Series B)
Cyber intelligence platform that monitors dark web to
detect threats
REV, OurCrowd, Elron Ventures and 5 other Investors
City Mall (2019, Gurgaon, $282K, Seed)
Online group-buying portal for multi-category products
Norwest Venture Partners, Elevation, Accel and 44
other Investors
Wing (2020, Tel Aviv, $26.0M, Series A)
Cloud based platform offering remediation solutions
GGV Capital, S Capital VC, Harmony Partners and 6
other Investors
Silent Eight (2013, Singapore, $15.0M, Series B)
AI-based fraud detection solution
TYH Ventures, HSBC Group, OTB Ventures and 19 other
Investors
Volopay (2020, Singapore, $29.0M, Series A)
Expense management and virtual card management
Cameron Winklevoss, Tyler Winklevoss, JAM Fund and
16 other Investors
Nucleai (2017, Tel Aviv, $33.0M, Series B)
AI-assisted platform for image analysis
Section 32, Sanofi Ventures, Debiopharm and 3 other
Investors
Moan Technology (2016, Hangzhou, Undisclosed,
Series A)
Cloud based security solution to protect cloud
infrastructure
CICC Capital, Boyu Capital, Yunfeng Capital and 8 other
Investors
AI Rudder (2019, Shanghai, $10.0M, Series A)
Tiger Global Management, Coatue, Cathay Innovation
BigSeller (2001, Longgang, $100M, Series C)
Platform offering multi-channel management solution
for online businesses
GGV Capital and 2 other Investors
Hexlant (2018, Gangnam, $52.8M, Series A)
Blockchain-based platform for security and crypto
wallet
Mirae Asset, Kakao Investment, A-Ventures and 1
other Investors
Allofresh (2022, Jakarta, $69.5M, Series C)
Platform offering multi-category grocery supplies
Bukalapak,Growtheum Capital,Transmartand

57
MOOVING (2019, Gangnam, $393M, Seed)
Tech-enabled platform offering last-mile delivery
services through an electric fleet of vehicles
Tigris Investment, Infinitum Partners, NowIB Capital
Upgraded to MINICORN
Furlenco (2012, Bangalore, $351K, Angel)
Online rental platform offering furniture and home
appliance on subscription
Lightbox, Eudora Global Ventures, and 126 other
Investors
Ferns N Petals (1994, Pune, $26.1M, Series B)
Online gifting platform offering flowers and gifting
products
Lighthouseand
Filo (2020, Gurgaon, $260K, Seed)
Mobile-based platform providing tutoring and doubt-
clearing solutions for school students
Anthos Capital, GSV Ventures, Better Capital and 6
other Investors
Metadata (2015, Ramat Gan, Undisclosed, Seed)
AI based platform campaign execution software for
B2B companies
Next47, Resolute Ventures, Gaingels and 29 other
Investors
Reach (2015, Tel Aviv, $234K, Series A)
Cloud based platform for digital signature and ID
verification
Grayhawk Capital, Pritzker Group, NFX and 2 other
Investors
XYXX (2017, Surat, $4.5M, Series A)
Internet first brands offering inner-wear and lounge-
wear
Sauce, Sameer Maheshwari, Trifecta Capital and 18
other Investors
Prozo (2014, Noida, $1.1M, Seed)
Cloud-based e-commerce enabler and accelerator for
SMEs, D2C brands, and Enterprises
Sixth Sense Ventures, JAFCO Asia, HNI Corporation and
19 other Investors
EthSign (2021, Shanghai, $650K, Seed)
Cloud based software for electronic signature
Sequoia Capital, Mirana, Amber Group and 13 other
Investors

58
Treehouse (2021, Singapore, $18.0M, Seed)
Portfolio tracking & management solutions for
cryptocurrency
Lightspeed Venture Partners, MassMutual Ventures,
Binance and 6 other Investors
SocialGood (, Chiyoda-ku, $14.2M, Series A)
App-based platform offering membership-based crypto
cashback for online shopping
Miyako Capitaland
Deeptek (2017, Pune, Undisclosed, Seed)
AI augmented diagnostic tools for radiology imaging
Tata Capital, Doctor Net, GHV Accelerator and 4 other
Investors
Pluto (2021, Dubai, $6.0M, Seed)
Expense & card management solutions for small
businesses
Global Founders Capital, Adapt Ventures, Soma Capital
Dr. Diary Co (2017, Seoul, $12.2M, Series B)
Provider of app for diabetes management
Devsisters Ventures, Shinhan Financial Group, Insight
Equity and 4 other Investors
Haseelapp (2017, Riyadh, Undisclosed, Seed)
Online retailer of fruits and vegetables
Arzan Venture Capital, Vision Ventures, Riyad TAQNIA
Fund and 2 other Investors
MYTM (2018, Lahore, $276K, Seed)
Provider of e-ticketing solutions enabling to customers
to buy tickets through digital platforms
, 100X.VC, Loyal and 3 other Investors
Maverick Medical AI (2018, Tel Aviv, $700K, Seed)
AI-based solution for analyzing symptoms of patients
LionBird, Firstime, Ariel Maislos and 6 other Investors
Compete (2020, Ramat Gan, $15.0M, Series A)
Cloud-based platform for payroll management
Tiger Global Management, Vine Ventures, Aleph
Venture Capital and 3 other Investors
Jugnu (2019, Lahore, Undisclosed, Series A)
App-based B2B supplier of excess inventory products
Sary,Sarmayacar,Systems Limitedand
Chu Hang Technology (2018, Nanjing, Undisclosed,
Series A)
Provider of radar-based sensor systems for
autonomous vehicles
China Creation Ventures, Xiamen Semiconductor,
Anjuke and 2 other Investors
Wiz (2019, Chennai, $228K, Angel)
Provider of freight forwarding platform
Tiger Global Management, Axilor Ventures,
Foundamental and 6 other Investors

Tracxn - Geo Monthly Report - Asia Tech - Mar 2022

Tracxn - Geo Monthly Report - Asia Tech - Mar 2022

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