Singapore

STEADY fundamentals, rising Internet penetration and richer human capital are some factors that keep South-east Asia attractive for startup investors even amid Covid-19, said a panel of venture capital and private equity players on Thursday.

The region's growing affluence is a "powerful trend" driving startup growth, said Saurabh Agarwal, managing director at Warburg Pincus, who spoke in a panel at this year's Singapore FinTech Festival x Singapore Week of Innovation & TeCHnology (SFF x SWITCH).