India
However, compared with Jan 2025, total funding fell 39.3%, while deal volume dropped 4.8%.
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Japanese brewer Kirin to sell Four Roses to Gallo for $775m
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China steps up crypto crackdown, bans offshore issuance of yuan-pegged stablecoins
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Greater China
The Dec score was likely cyclical, as investors wrapped up deals ahead of a new year.
Singapore
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.
The funding total was buoyed by a handful of mid-sized rounds.
In Oct 2025, Indian startups collectively secured $1.83b across 100 deals.
RMB financing remains the main pillar supporting the Greater China market.
There were no megadeals in the month.
The largest deal in the month was struck by Zepto, which raised $450m.
