Startup fever in Southeast Asia and its implication for India to improve indispensable public services(11)

Implication of Southeast Asia's startup fever for India to improve public services

In spite of the snowballing increase in the number of Indian startups, not many young CEOs seem fascinated in jumping into the public sector. Most local startups have been allegedly involved in the apparently growing and thus lucrative business fields such as e-commerce, accommodation and transportation industries. 

Of course, this is no exception to their peers in Southeast Asia. However, continuous efforts to tackle long distorted public services have been reported from Southeast Asia. 

 

Startup fever in Southeast Asia and its implication for India(12)

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

In spite of the snowballing increase in the number of Indian startups, not many young CEOs seem fascinated in jumping into the public sector. Most local startups have been allegedly involved in the apparently growing and thus lucrative business fields such as e-commerce, accommodation and transportation industries. 

Of course, this is no exception to their peers in Southeast Asia. However, continuous efforts to tackle long distorted public services have been reported from Southeast Asia.

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia(7)

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia

However, venture capitals, symbols of adventurous money would remain indifferent unless they feel confident of more gains than losses by stepping into the digital frenzy in Southeast Asia. This also holds true to Korean startups and venture capitals gearing up to carve out the Southeast Asian market. Local startup founders have made unanimous voices that success stories of mainland Chinese startups have inspired them a lot. 

It is a shame that Korean startups are rarely mentioned for role models of Southeast Asian young entrepreneurs. Beginning with promising industries including fintech, education and mobile games, now is the right time for Korean startups to hit the digital road hard in Southeast Asia.

Right Time for Korean Startups to Ride on Digital Fever in Southeast Asia(7)

Right Time for Korean Startups to Ride on Digital Fever in Southeast Asia

This also holds true to Korean startups and venture capitals gearing up to carve out the Southeast Asian market. Local startup founders have made unanimous voices that success stories of mainland Chinese startups have inspired them a lot. 

It is a shame that Korean startups are rarely mentioned for role models of Southeast Asian young entrepreneurs. Beginning with promising industries including fintech, education and mobile games, now is the right time for Korean startups to hit the digital road hard in Southeast Asia.