Tech exit proceeds in SE Asia dropped nearly 50% in H1, says Cento Ventures report

Tech exit proceeds in SE Asia dropped nearly 50% in H1, says Cento Ventures report

Photo by Tarik Haiga on Unsplash

Amidst the COVID-19 pandemic, the number of exits in Southeast Asia’s technology space in the first half of this year stayed consistent with the previous six months but proceeds dropped by nearly 50 per cent, according to an upcoming report by Singapore-based venture capital firm Cento Ventures.