GGV Capital to be more selective as SEA, India valuations come up fast: Hans Tung

Hans Tung, Managing Partner, GGVCapital

California-based venture capital firm GGV Capital will be more selective in terms of investing in Southeast Asia and India as valuations in these markets have risen very fast, according to the firm’s managing partner Hans Tung.

Speaking at DealStreetAsia’s Asia PE-VC Summit 2019 in Singapore, Tung said GGV Capital will continue to invest in Southeast Asia and India – two of the three regions, the third being Latin America, that the Silicon Valley investment firm is looking at – but as valuations are skyrocketing, the firm will employ a more selective approach.

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