INFOGRAPHIC: Top Asian Startup Funding — Week 43
These are the funding deals we tracked in the Asian region this week – featuring upGrad, Neysa, Even Healthcare, Stellapps, and Healthify.
- Indian edtech startup, upGrad raises $60 million in Series F to accelerate its global expansion and prepare for IPO.
- Mumbai-based AI infrastructure startup Neysa secures $30 million in Series A to boost AI adoption among Indian enterprises.
- Bengaluru’s Even Healthcare secures $30 million in Series A to scale managed care and hospital services.
- Dairy tech firm Stellapps raises $26 million in Series C to expand its mooMark brand and improve dairy traceability.
- Health and fitness platform Healthify raises $20 million in pre-Series D to support U.S. expansion and enhance AI-powered wellness offerings.
upGrad Secures $60 Million in Series F to Drive Global Edtech Expansion
India-based online education platform, upGrad, raised $60 million in a Series F funding round led by Temasek, bringing its valuation to $2.25 billion. The new capital will support upGrad’s expansion into global markets while enhancing its technology platform and learner engagement for both students and professionals.
Founded by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh in 2015, upGrad has become a leader in the edtech sector with over 3 million learners across 100+ countries.
The platform offers a diverse range of educational programs, from short courses to executive degrees, in partnership with 300 global universities. The funds will also support upGrad’s goal of going public within the next 7–8 quarters.