With an impressive list of home-grown startups like Grab, ReferralCandy and 99.co, the island nation is also considered as the best place to start a new business.
This year, for the first time, the Shinzo Abe-government has set a target of creating 20 unicorns or listed equivalents in its annual growth strategy by 2023
Large corporations increasingly want to associate themselves with startups, and startups want backing of big companies for legitimacy and potential customers. Does this relationship often work as planned?
In addition to funding, a joint venture between SBI and AntWorks was also announced to tap the opportunities in the emerging AI space in South-East Asia.