Startups in Southeast Asia amassed as much as $1.8 billion in December, registering a 65% drop from November’s record $5.2 billion, according to proprietary data compiled by DealStreetAsia.
Even as the number of mega deals (those that were worth $100 million or above) last month was similar to that of November, the drop in total value is on account of lower ticket sizes at which these transactions were clocked.