Report: Southeast Asian tech startups raised $8.2B in 2020, down 3.5% YoY, compared to a 31% drop in India and 38% in Africa; Indonesia drew 70% of the capital (Yoolim Lee/Bloomberg)

Report: Southeast Asian tech startups raised $8.2B in 2020, down 3.5% YoY, in comparison with a 31% drop in India and 38% in Africa; Indonesia drew 70% of the capital — – Fundraising remained at 2019 ranges at the same time as pandemic raged — Indonesian startups drew 70% of area’s investments final 12 months