Asia can expect a slightly better year for venture capital investments in 2024, although uncertainty and caution will still prevail. The past year has been one of the worst in venture investment history globally due to challenges such as geopolitical tensions and wars, economic headwinds, and limited exit windows. However, Japan and India are set to benefit from Sino-U.S. tensions, with government backing of startup initiatives and pressure on conglomerates to kick-start growth potentially leading to more venture deals.
2024: A Promising Year for Asian VCs, Yet Not Overwhelmingly So
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