Report: Southeast Asian tech startups raised $8.2B in 2020, down 3.5% YoY, compared to a 31% drop in India and 38% in Africa; Indonesia drew 70% of the capital (Yoolim Lee/Bloomberg) - TechnW3

Report: Southeast Asian tech startups raised $8.2B in 2020, down 3.5% YoY, compared to a 31% drop in India and 38% in Africa; Indonesia drew 70% of the capital (Yoolim Lee/Bloomberg) - TechnW3

Yoolim Lee / Bloomberg:
Report: Southeast Asian tech startups raised $8.2B in 2020, down 3.5% YoY, compared to a 31% drop in India and 38% in Africa; Indonesia drew 70% of the capital  —  - Fundraising remained at 2019 levels even as pandemic raged  — Indonesian startups drew 70% of region's investments last year

from TechnW3