Asian startups face cash crunch as COVID-19 cuts off funding

Companies, even investment-grade ones, will not have liquidity for a protracted period of difficulty.

The 21-day lockdown by the government to contain the outbreak of the novel coronavirus has upset the supply chains of e-commerce and other companies.

The current crisis demands greater use of digital services over good quality, resilient broadband infrastructure.

Vertical SaaS companies that sell to speciality sectors such as hospitality, food and travel have been hit the most.