East Ventures on Instagram: "Southeast Asia is a lucrative region for automotive industry, given its large population size and all countries except Singapore being developing countries. With most countries having unequal infrastructure development, public transportation too, is much lacking. The region is seeing high ownership of personal vehicle for both cars and motorcycles. . However, the process of purchasing a new vehicle is still much inefficient given the need to interact with dealership and financing companies. After sales procedures for vehicle too, is very reliant on commuting to the nearest workshops. . East Ventures has seen opportunity to create value through technology in this industry and invested 3 startups since 2017. . Link: bit.ly/EVautomotive . #eastventures #startup #venturecapital #automotive"