INFOGRAPHIC: Top Asian Startup Funding — Week 39
These are the funding deals we tracked in the Asian region this week – featuring M2P Fintech, Nurix AI, Mediwhale, Giva, and Kapiva.
- India's M2P Fintech Raises $101.8 Million in Series D Funding to Strengthen Industry Leadership and Expand into Africa
- India's Nurix AI Secures $27.5 Million in Seed and Series A Funding to Scale AI Operations in Asia and Northern America
- South Korea's Mediwhale Raises $12 Million in Series A2 Funding to Advance AI-driven Medical Diagnostics and Expand Global Presence
- India-based Giva Raises $12 Million in Extended Series B Round to Enhance Jewelry Product Offerings and Increase Physical Presence
- India-based Kapiva Raises $10 Million in Series C Funding to Develop Ayurvedic Nutrition Products and Expand Market Reach
M2P Fintech Raises $101.8 Million in Series D Round to Expand Fintech Services
India-based M2P Fintech, a leading provider of API infrastructure for financial services, has raised ~$101.8 million in a Series D funding round led by Helios Investment Partners, with additional support from Flourish Ventures and several Asian universities.
This funding boosts the company's valuation to approximately $790 million.
Founded in 2014 by Madhusudanan R, M2P Fintech offers API solutions enabling businesses to create their branded financial products, including digital payments, credit card issuing, and "Bank in a Box" services. The company currently operates in over 30 markets, powering over 200 banks and 300 lenders across the Asia Pacific, MENA, and Oceania regions.
M2P Fintech plans to use the fresh capital to reinforce its leadership position in India and expand its operations into Africa, a region poised for significant fintech growth. This investment comes as the global demand for digital financial services continues to surge, underscoring M2P’s pivotal role in driving innovation and financial inclusion across emerging markets.
