As it expands its investments in Southeast Asia, Prosus Ventures is looking to tap into “tech-enabled” startups as a play on the region’s emerging middle class, Martin Tschopp, head of Prosus Ventures, told DealStreetAsia this week.
“We invest ultimately behind the rise of the global middle class, and by investing in it, we also enable it in this virtuous cycle,” said Tschopp. “If you look at the demographics of Southeast Asia, it’s a young population. They are eager to embrace technology. There is a lot of growth. And there is a lot going on in the venture ecosystem.”
