Home > Business Insider > Investors expecting bright future for Southeast Asia Start-ups

Investors expecting bright future for Southeast Asia Start-ups

Venture capitalists and investors expressed optimism about the future of start-ups in Southeast Asia, despite significant challenges at a conference in Hong Kong.

Singapore, known as the Southeast Asia’s start-up hub has raised to $199 million from $53.1 million a year earlier in regard to funding to companies as per AVCJ Research, but still Funding in Southeast Asia is far behind the U.S.

Amount of funding was also up in Malaysia, Vietnam and Thailand, though it fell in the Philippines. Investments have been rising from a lower base compared with China and India, where funders have long been looking to capitalize on booming technology scenes.

Southeast Asian start-ups face a number of challenges as per the rules and regulation by the countries which makes it complicated for investors but this year has proven to be a changing year for investors and start-ups as many countries are altering their norms to ease the foreign investments.

With this new rounds of fundraising are getting lots of international attention which has contributed to the funding raise motivating the young population of Southeast Asia for start-ups.

You may also like
$35 million Raised by Carousell
$10M for On-demand Logistics Startup Lalamove
Singapore – Favourite Asian Country for Start-up!