May 2022
Dealmaking in May saw startups in Asia raising $7.42 billion, a decline of 2.2% from $7.59 billion raised in April. This was the result of significant drops in dealmaking in India and Southeast Asia at nearly 25% and 30% respectively. A healthy month of dealmaking in China salvaged Asia’s performance for May, with a rise of 41.2%.
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Deal value in India fell to $2.2 billion, a near 25% decline from $2.9 billion in April
Deal value in China rose to $3.8 billion a 41.2% increase from $2.7 billion in April
Deal value in Southeast Asia fell to $1.42 billion, a near 30% decline from $1.99 billion in April
