What makes the soonicorns special?
As reported by Channel News Asia, despite challenges here and there, leading tech companies in Indonesia and the rest of the Southeast Asian (SEA) region continued to raise funding, with more companies inching closer towards securing a unicorn status –proudly claiming the label ‘soonicorn‘.
As these companies closing in to the much-coveted unicorn status, we realise that there might be more that is at stake. Starting with the investments that have been trusted in them, we can see how these companies face pressure to build a sustainable business and provide a healthy return to their investors. The public–users and customers of these companies’ products and services–also have a heightened expectations of them to deliver their promises.
But this does not mean all is gloom and doom for soonicorns. There are plenty of opportunities that they can seize. For example, the experiences of previous generation unicorns provide unique lessons for soonicorns; the ability to learn without having to go through the hardest parts.
Soonicorns have the opportunity to do it differently. As an ecosystem, we can help them get there.
Also Read: e27’s TOP100 programme returns to bring Asia’s best startups to Echelon 2023
This year, Echelon Asia Summit will be back on June 14-15 at Singapore EXPO to build towards a sustainable and impactful tech ecosystem.
The event will feature six key themes and tracks:
- Soonicorns and the Future Change-makers of SEA
- Future Sectors and Investment Trends
- Growth and Scaling
- Investments and M&A
- Sustainable Growth and Climate
- Web3
We are looking forward to featuring notable soonicorns of SEA to share their stories with the hope that it can be a lesson for fellow soonicorns and those who are looking forward to follow their footsteps. We will look at lessons in growing and scaling their businesses, mergers and acquisitions, and even the use of emerging technologies such as blockchain.
We are also looking forward to hear from different parties in the SEA startup ecosystem that have played a role in the building of a soonicorn, from venture capital firms who have invested in them to corporates who have partnered with them. We believe that every voice is valuable as we are building a SEA tech startup ecosystem that is more sustainable and impactful.
If you are the right person to speak about this key theme and track, or know someone who does, we would like to hear from you. Register HERE and we will get in touch soon.
See you in June.
The post Wanted: SEA soonicorns, future change-makers to share their stories at Echelon Asia Summit 2023 appeared first on e27.