Posted 12/8/2023, 4:00:16 AM
Asian Startups See Light at the End of Tunnel for Funding after Credit Crunch
- Investors seeing signs of easier access to funding for Asian startups after period of tight credit
- Businesses still face challenges, expected to focus more on cutting costs and achieving profitability
- Funding likely to improve starting 2nd half 2023 due to expected easing of credit conditions
- India and Southeast Asia seen as most promising markets for venture capital opportunities
- Large, cash-rich startups like Grab expected to invest; IPO activity also likely to pick up