According to the Venture Pulse Report from CB Insights, 2015 was the year of the mega-deal in Asia. And while Asian startups racked up big bucks in blockbuster deals, the growth could not remain that explosive. Now, venture capitalists are relying on the a diverse selection of investments totaling less than the record-breaking averages in 2015. Check out this list of the top 10 highest-funded Asian startups in the first quarter of 2016 here.
$153 Million – Zhaogang (Series E): Steel e-commerce platform. Photo: Flickr / Dennis Jarvis. (See image). $200 Million – Snapdeal (Series F): E-commerce marketplace.$149 Million – CarTrade (Series B): Online automotive platform.$1.2 Billion – Lu.com (Series B): Peer-to-peer lender.$100 Million – DouyuTV (Venture Capital): Live video streaming website.$100 Million – DouyuTV (Venture Capital): Live video streaming website.$170 Million – Garena Online (Series D): Internet entertainment and e-commerce platform provider.$150 Million – Clues Network (Series E): E-commerce marketplace.$160 Million – Welab Holdings (Series B): Peer-to-peer lender.$500 Million – China Internet Plus Holding (Growth Equity): Location-based dining information and discount group-buying website.
