SINGAPORE -- Investment in Southeast Asian startups jumped in the April-June quarter despite headwinds from the coronavirus pandemic, led by e-commerce and fintech companies that gained momentum as COVID-19 reshapes home and the workplace.
According to data compiled by Singapore-based startup information platform DealStreetAsia, the value of fundraising deals in the region rose 91% on the year to $2.7 billion, while the number of transactions climbed 59% to 184 for the three months through June, up from 116 in the same period a year earlier.
