Philippine-based tech solutions company Xurpas has emerged as the most active tech acquirer in Southeast Asia according to a latest report by venture intelligence platform CB Insights.
The report was based on the region’s venture capital landscape, and the macro trends affecting it since 2012. Tech startups in the region have seen increased investor interest over the last few years, and have already raised $5 billion in total funding through July this year — an annual record propelled by select mega rounds.