Tech investment surges in India, SE Asia as China plummets
A drop-off in PE and VC technology investment in China in the second quarter of 2021 – widely linked to a multi-faceted regulatory crackdown on the sector – was to some extent counterbalanced by record levels of activity in India and Southeast Asia.
China absorbed about three-quarters of the capital that went into early and growth-stage rounds for technology Asia-based in the last three months of 2020 and nearly two-thirds in the first three of 2021....
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