Monday, March 9, 2020

Startup fever in Southeast Asia and its implication for India(2)

Recent startup boom across Southeast Asia

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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