A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a route to new investors.
Over the last couple of years, Mirae Asset Venture Investment has invested almost USD 200 million from its global fund in Indian tech startups including Ola, BigBasket, and Zomato, among others.
Apart from evaluating deals remotely, a number of other factors would shape up investors’ community in the world’s third-largest startup ecosystem in 2021.
Major venture capital firms doubled down on early-stage deals as they sought to back the firms catering to the post-pandemic needs of consumers and enterprises.