Venture Capital

This is a snippet of China Venture Roundup Volume 24, covering China’s investment activity from February 22 – 26 2021.

The company has already invested INR 900 crores (USD 123 million) across 38 companies from its second fund.

With the first fund, She Capital will invest in 12 to 15 women-led startups.

A stay in Pakistan inspired former LinkedIn executive Aatif Awan to form what is now the largest closed fund focused on the country.

Each company will receive an investment of MYR 250,000 (USD 61,844).

Net profits in the biotech and medtech sector increased almost fivefold from the year before.

Over the last two years, Mirae Asset Venture Investments has channeled nearly USD 200 million from its global fund into India’s tech startups.

The fund plans to invest up to SGD 2 million into 20 early-stage startups that tackle the challenges of the sector.