For subscribers
S. Korean start-up scene an 'ugly duckling' waiting to blossom
Hurdles include obsession with local market, lack of resources for global commercialisation
Sign up now: Get ST's newsletters delivered to your inbox
A Yozma Group Korea brainstorming session in Seoul. The Israeli venture capital firm, founded in Tel Aviv in 1993, set up its South Korean arm in 2015 and now has offices in Hong Kong and Singapore as well.
PHOTO: YOZMA GROUP KOREA
Chang May Choon South Korea Correspondent In Seoul, Chang May Choon
Follow topic:
Technologically advanced South Korea may be home to IT giants such as Samsung and LG but the country is still an "ugly duckling" waiting to blossom when it comes to its start-up scene, according to Israeli venture capital firm Yozma Group.
The firm set up base in Seoul in 2015 after South Korea impressed it with tech advancements that were ahead of global trends.
