Southeast Asian VCs move to set startup governance standards

Southeast Asian VCs move to set startup governance standards Southeast Asian VCs move to set startup governance standards

JAKARTA — Southeast Asia’s venture capital associations have released guidelines to set regional governance benchmarks for startups as they begin to address rising concerns of poor professionalism in the tech industry.

The collaboration of leading private capital groups from Singapore, Indonesia, Thailand, Vietnam and Malaysia has resulted in the launch of a document titled Maturation Map: Corporate Governance in Southeast Asia Private Markets.