Giant companies are likely to enter SE Asia as strategic partners, say VCs

Giant companies are likely to enter SE Asia as strategic partners, say VCs

Akshay Bhushan, a partner at Lightspeed, and SoftBank Ventures Asia CEO JP Lee talked to Nikkei Inc. senior staff writer Ken Koyanagi at DealStreetAsia's Asia PE-VC Summit 2021.

As Southeast Asian startups have grown in size and managed to set up a strong foothold at home, global giants are likely to enter the region as strategic partners instead of direct competition, according to venture capitalists.