PEs target Asean startups as they join VCs in funding landscape
Startups' stepped-up fundraising draws PEs with war chests amid low-rate environment
Add BT as a preferred source
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million
