SE-Asia still glimmers despite Covid-19, says panel of startup investors
Steady fundamentals, rising Internet penetration and richer human capital are some factors
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Sharanya Pillai
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).
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