Nikkei Asia · 30 December 2023 · by Yifan Yu
Nikkei Asia surveyed the outlook for venture capital across Asia after a bruising 2023, in which funding to the region’s startups fell roughly 40 per cent. Investors and analysts told the paper to expect a modest recovery rather than a rebound, with Japan and India drawing interest as capital moved away from China, and IPO conditions staying difficult. Krish Ramadurai, then a Partner at Harmonix, was among those quoted.
“[This] has been the year of hanging out, seeing what’s happening.”
Krish Ramadurai, quoted in Nikkei Asia
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