The venture capital landscape in Southeast Asia and India has experienced significant shifts, influenced by the collapse of SoftBank Group's Vision Fund two years ago and a prolonged slump in the technology market. This has left many innovative companies in Southeast Asia without a clear future, as venture capital investors are now under pressure to clock returns, demanding exits from late-stage startups and seeking exits from mid-scale startups even at reduced valuations. Amidst these shifts, Lightspeed India remains optimistic, highlighting emerging trends like the rise of deep-tech innovation. However, the funding winter has affected major startups like Grab and GoTo, which are now facing a murky future due to higher interest rates and the challenges faced by one of their biggest backers. Similarly, in India, investors are now going slow and cutting smaller cheques for tech ventures, having been burnt by the falls from grace and valuations for once-marquee market debutants.
Once burnt, investors curb enthusiasm for Indian startups Investors, once eager to pump in billions of dollars in promising Indian #tech ventures, are now going slow and cutting smaller cheques. https://t.co/HRkZgMiV9J
Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going slow and cutting smaller cheques. They've been burnt by ignominious falls from grace - and valuations - for once-marquee market debutants https://t.co/qcOKaO51in
A decade ago, Southeast Asian tech startups were a hot ticket for investors. Now, big names like Grab and GoTo face a murky future, weighed down by higher interest rates and the travails of one of their biggest backers, SoftBank's Vision Fund. https://t.co/ZKvZK8vdET
Since SoftBank Group saw its venture capital ambitions crippled amid the collapse of its Vision Fund two years ago, many of Southeast Asia's most innovative companies have been left without a clear future. https://t.co/CgZUSwHUSv
From Grab to GoTo, Southeast Asia's startups weather funding winter Tied to the fortunes of SoftBank's Vision Fund, tech sector must now sink or swim: https://t.co/C599bEhJOR https://t.co/FyBjeFkDNU
Amidst the shifts in India’s venture capital landscape over the last few years, Lightspeed India remains optimistic. Read the latest insights from the @BainandCompany 2024 India Venture Capital Report, detailing emerging trends like the rise of deep-tech innovation, the… https://t.co/MVLjlTCHpc
#ICYMI | Amid a slump in the technology market, the pressure to clock returns is on. Venture capital investors are demanding exits from late-stage startups. @digbijaymishra1 and @pranavmukul read the trends Read more here: https://t.co/vGVdAcrMOD https://t.co/MdOKJr4pOi
🚨💸 Amid a prolonged #slump in the technology market, #venturecapital investors are under pressure to clock returns. They are demanding exits from late-stage startups. In mid-scale startups, existing investors are seeking exits even at reduced valuations.
Since SoftBank Group saw its venture capital ambitions crippled amid the collapse of its Vision Fund two years ago, many of the most innovative companies in Southeast Asia's startup scene have been left without a clear future. https://t.co/AqenC5IGYL