BT EXCLUSIVE: STARTUPS

VCs in South-east Asia lie in wait, even as valuations soften

Region's US$2.7b worth of venture capital deals in Q1 was down 20.6% from a year ago: Preqin

Singapore

STARTUP valuations in South-east Asia are beginning to soften as the industry comes to terms with the economic impact of Covid-19, venture capital (VC) investors told The Business Times. But VCs aren't in a hurry to go bargain-hunting, as they keep a close watch on fundamentals

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