Pravan Malhotra, International Finance Corp.’s venture capital lead for South-East Asia and Asia internet investment. IFC recently invested in several VCs in South-East Asia, including Wavemaker Partners, a seed-stage fund, Jungle Ventures and Jungle SeedPlus. Through our investments, IFC aims to promote innovation across sectors, support local entrepreneurs and accelerate cross-border technology transfers. In South-East Asia, Singapore continues to be the base of choice in the region, though Indonesia is seeing more activity. We’re also seeing that acquisition is the predominant exit route in South-East Asia, with very few IPOs to-date.

Source: Mint November 16, 2017 23:26 UTC