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Finding money is not an issue, finding great ideas is, says Qualgro’s Heang Chhor

  • Qualgro in the news
  • August 3, 2018

By Jeremy Soh, Anqi Chen, Weisheng Neo

Tags: Data, Consumer Insights

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“For Qualgro Venture Capital, finding money is not a big challenge in Southeast Asia but finding companies with great ideas is. Even so, this has hardly dampened Qualgro’s outlook for the market. Last month, this portal had reported that the firm was on the road to raise $100 million for its second vehicle. “The pain point right now is about finding great companies. Finding the money is not an issue. Great companies in SE Asia tend to be the same ones that receive a lot of investment, so they are usually oversubscribed rather than the other way round, Heang Chhor, founder, Qualgro, said in an interaction.”

Read more at: https://www.dealstreetasia.com/stories/finding-the-money-is-not-an-issue-finding-great-ideas-is-says-qualgros-heang-chhor-103773/

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