12x to $81B in 5years – Growth in venture capital investment in Asia (2013-18)
The huge growth in funding to Asian startups since 2013 has resulted in some monstrous exits. 5 of the 10 to be exact which included 2 from China ( none in 2013) and the humungous $21B Walmart acquisition of Flipkart in India – one of the largest VC backed M&A exits. The growth in startups and their value creation is now all over South East Asia. Between 2017 and 2018 Asia saw the birth of 65 Unicorns with 3 from Indonesia.
