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More VCs pour into Asean, but await elusive exits

Those who belatedly see the rich valuations behind some Asean startups may be in for a rude shock

Published Sun, Apr 14, 2019 · 09:50 PM

Singapore

VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.

But industry players caution that exits through initial public offerings (IPOs) or trade sales are still slow amid toppish valuations.

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