China's venture capital investments got off to a weak start this year, but those in Southeast Asia and India seem to be bucking that trend, getting more attention than ever.
Venture capital investment has developed rapidly in Southeast Asia and India in the past four to five years. This growing ecosphere is also attracting more investors from within and outside the region.
Even Chinese investors, who used to invest aggressively only in China, are actively visiting India and Southeast Asia seeking new opportunities.
“We don’t see many innovative projects in China now,” an unnamed manager from Tencent investment department told FinanceAsia. “Indian and Southeast Asian startups are more promising. We already travel to the region so many times this year.”
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