JAKARTA/SINGAPORE -- Two venture capital firms prominent in Southeast Asia are doubling down on its tech ecosystem, with one well on the way to potentially raising $350 million for its latest fund and the other by rebranding its existing one in the region as they prepare to nurture a new generation of promising startups.
Fueling such optimism is momentum arising from upcoming IPOs of first-generation startups as well as surging growth in internet users in the geographical area's key economies.
