Sunday, May 19, 2019

Startup fever in Southeast Asia and its implication for India to improve indispensable public services(2)

Startup fever in Southeast Asia and its implication for India to improve indispensable public services

According to Tech in Asia, a Singapore-based online technology media, startups in Southeast Asia enjoyed as much as $7.9 billion in investment in 2017. This figure is more than tripled than the total startup investment of $2.5 billion in 2016. 


This is far startling because investment in Southeast Asian startups failed to reach even $1 billion in 2013. Consequently, unicorn startups, privately held startup companies valued at over $1 billion, has been emerging one by one. 


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