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Asian tech startups drawing looks from hungry investors

Unicorns need cash to take on well-financed rivals over next several years

India's Zomato listed its shares last month and Indonesia's Bukalapak is set to list on the Indonesia Stock Exchange on Aug. 6. (Source photos by Reuters)

SINGAPORE -- A flurry of stock market debuts by Asian companies has arrived, making this year a transformational moment for startups from India and Southeast Asia.

Crackdowns on Chinese startups are likely to make global investors look elsewhere and bolster the share prices of other companies in the region. But this coming-of-age moment is still missing a crucial ingredient: monetization.

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