China’s green economy and the Singapore push

The volume of deals has been falling in Greater China, India and Southeast Asia. But that doesn’t take anything away from the ongoing investments in tomorrow’s industries.

That’s why DealStreetAsia’s editors bring you Deals Barometer – a monthly report of the deals action from three key markets in Asia: Southeast Asia, Greater China and India.

In October, four megadeals in Greater China’s green economy accounted for 63% of the deal value in the region. The largest megadeal involved GAC AION, which raised $2.5 billion to become China’s highest-valued electric-vehicle startup.

In Southeast Asia, fintech deals worth nearly $680 million constituted more than half the value of investments in October. And Singapore led the way, cornering 64% of the investment value for the month. However, the deal count dropped to 74 in October from 87 in the previous month.

India saw a recovery from a listless September. There were four megadeals in October, including a $250-million round by edtech venture BYJU'S . In all, the deal value improved 37% from $1 billion in September.

For more such nuanced monthly highlights from these key regions, sign up for your copy of the free-to-read Deals Barometer to get an in-depth perspective of fundraising in Asia.?