04 Apr '13, 5am

Rakuten's new USD 10M Asian fund seeking to invest in startups in the region #StartupsAsia

Rakuten's new USD 10M Asian fund seeking to invest in startups in the region #StartupsAsia

This is certainly positive news for Asia’s tech startup ecosystem. While Silicon Valley investors have been tentative about the region save for India and China, Japanese corporates and investors on the other hand have started to support startups in Southeast Asia. Their interest is certainly crucial in filling the so-called Series A gap that is stopping startups from becoming attractive acquisition targets or large enterprises.

Full article: http://sgentrepreneurs.com/2013/04/04/rakutens-new-usd-10...

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Roundup: 20 startups pitching at #StartupAsia

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