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Startups

South Korean VCs grow increasingly aggressive in fast-growing SE Asia

Opportunities for mutual benefits are great, but local branding needs work

A mural at the Google Campus startup space in the Gangnam district of Seoul, South Korea, which offers work spaces and mentoring for young Asian tech entrepreneurs.   © Reuters

JAKARTA/HANOI -- When South Korean President Moon Jae-in unveiled a new policy in 2017 to deepen the country's ties with Southeast Asia, it spurred a new vigor among the country's companies to do business in the fast-growing region.

South Korea started to see many companies from a variety of sectors setting their sights on Southeast Asia. Not least among them, its venture capitalists.

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