The Business Times
Garage logo
UOB logoBEST DIGITAL NEWS START-UP, WAN-IFRA 2019 GOLD AWARD
SUBSCRIBERS

PEs target Asean startups as they join VCs in funding landscape

Startups' stepped-up fundraising draws PEs with war chests amid low-rate environment

Claudia Chong
Published Tue, Jul 30, 2019 · 09:50 PM

Singapore

A BURGEONING startup scene coupled with record levels of dry powder are nudging some private equity (PE) firms in South-east Asia into the territory of cash-burning, rapid-growth companies.

As these PE firms go deeper into startup land, investors are rethinking the way business models are being evaluated in order to capture the opportunities in the space, even as they eye it with much caution.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Startups

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here