Private funding in SE Asian startups at six-year low: e-Conomy SEA 2023 report

Private funding in SE Asian startups at six-year low: e-Conomy SEA 2023 report

L-R: Sapna Chadha, Vice President, Google Southeast Asia; Fock Wai Hoong, Head-SE Asia, Temasek; and Florian Hoppe, Partner and Head of Vector in Asia Pacific

Private funding in SE Asia slipped to a six-year low in H1 2023 amid global macroeconomic headwinds, while the region’s digital economy is expected to grow at a slower pace than last year, according to the 2023 e-Conomy report by Google, Temasek, and Bain & Co. 

Edited by: Joymitra Rai