B2B SaaS, social commerce, fintech, medtech are next SE Asia trends to watch, says Golden Gate Ventures 

B2B SaaS, social commerce, fintech, medtech are next SE Asia trends to watch, says Golden Gate Ventures 

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B2B software services, social commerce, fintech and medtech are the next big sector trends to watch in Southeast Asia, according to a Golden Gate Ventures report released to commemorate the firm’s 10th year anniversary.

Southeast Asian B2B and B2B2C startups are expected to raise over $1 billion by 2023, up from its projected figure of $605 million this year, according to the report. This category of startups is expected to capture a greater share of total capital deployed by investors at 30-50% in the next decade. This will mirror a more developed market like the US, where almost 60% of funded startups are B2B companies.

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