According to a report by Kroll and Mergermarket titled ‘Staying ahead of change: Investing in disruptive tech in India and Southeast Asia’, private equity and venture capital investors nearly tripled their investments in tech deals to $18 billion in 2017 as compared to $6.5 billion in 2016. In the first quarter of 2018, 170 tech transactions worth $2.6 billion were recorded, as per the report.
Read more at: https://www.dealstreetasia.com/stories/pe-vc-investments-in-india-sea-treble-to-18b-in-2017-in-one-year-96909/
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Higher penetration of e-commerce and financial technology in India and the Southeast Asian region has heightened investor interest in technology startups in those countries.
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