• Newsletter
  • Contact Us

VCs in Southeast Asia lie in wait, even as valuations soften

  • Qualgro in the news
  • May 5, 2020

By Jeremy Soh, Anqi Chen, Weisheng Neo

Tags: Data, Consumer Insights

SHARE

“Startup valuations in South-east Asia are beginning to soften as the industry comes to terms with the economic impact of Covid-19, venture capital (VC) investors told The Business Times. But VCs aren’t in a hurry to go bargain-hunting, as they keep a close watch on fundamentals while sourcing for deals.

According to private market intelligence firm Preqin, there were US$2.7 billion worth of venture capital deals in South-east Asia in the first quarter of 2020, down 20.6 per cent from a year ago. The number of deals in Q1 this year stood at 105, marking the lowest Q1 deal count since 2015.

Heang Chhor, managing partner of venture firm Qualgro, sees “a beginning trend towards declining valuations”, amid the current economic slowdown. This downward pressure could grow as more startups start to seek fresh capital, he said.”

Read more at https://www.businesstimes.com.sg/garage/news/vcs-in-south-east-asia-lie-in-wait-even-as-valuations-soften

Other Posts You Might Like

Noise
  • Qualgro in the news

The science and art of decision-making in business

  • August 20, 2022
Read more
Olivier Sibony Qualgro Philippine Inquirer
  • Qualgro in the news, Thought leadership

Olivier Sibony on Noise

  • August 18, 2022
Read more
Olivier Sibony
  • Qualgro in the news

What strategic lessons can we learn from COVID-19 pandemic? | ABS-CBN News Channel

  • August 14, 2022
Read more
Noise
  • Qualgro in the news

The science and art of decision-making in business

  • August 20, 2022
Read more
Olivier Sibony Qualgro Philippine Inquirer
  • Qualgro in the news, Thought leadership

Olivier Sibony on Noise

  • August 18, 2022
Read more
Olivier Sibony
  • Qualgro in the news

What strategic lessons can we learn from COVID-19 pandemic? | ABS-CBN News Channel

  • August 14, 2022
Read more

Newsletter Subscription

Sign up to our newsletter and stay up to date.

 

Sign up

Singapore HQ

160 Robinson Road
#18-06 SBF Center, Singapore 068914

Linkedin-in Twitter Envelope

Sitemap

  • Home
  • Contact us
  • Terms and Conditions
  • News
  • Home
  • Contact us
  • Terms and Conditions
  • News
© 2023 Qualgro Partners Pte Ltd

Sign up to our newsletter!

  • Home
  • Portfolio
  • Team
  • Resources
  • News
  • Careers
  • Contact us
  • Home
  • Portfolio
  • Team
  • Resources
  • News
  • Careers
  • Contact us