Why Japanese startups aren't looking for glory overseas

More: Tesla takes a first step toward an EV plant in India and Nvidia partners with an Indonesian telco. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - Why Japanese startups aren’t [living up to their full potential]( - Southeast Asia’s latest funding numbers - Other newsy highlights such as Tesla eyeing a new EV plant in India and Nvidia partnering with an Indonesian telco --------------------------------------------------------------- Hello {NAME} It seems like around this time of year, many people I know get infected with the “I must go to Japan!” virus - myself included last year, by the way. Already, my Instagram stories are being filled with photos and videos of Tokyo, Kyoto, and other major tourist destinations. Having been there three times, I do agree that Japan is always worth a visit, especially because it’s one of the few places where I can recall the culture having such a big presence. If you’re into new experiences and fantastic food, then a trip to Japan could be worth your while. The funny thing is, if you asked many people - [especially Singaporeans]( - what they think about Japan, the first thing they’d probably mention is travel-related. That, or anime. If you went to ask startup founders at a networking event the same question, they’d probably answer along those lines too (don’t quote me on this), instead of talking about the country’s startups. It wouldn’t be surprising either, given that Japan’s tech scene is somewhat lagging behind the rest of the world. So why aren’t Japanese startups living up to the performance of the country’s other superstar industries like manufacturing? Today’s premium story takes a look at some reasons and how those issues can be resolved. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Why ‘Japaneseness’ is holding Japan’s startups back from going global]( Japan has a strong economy and is renowned for being technologically advanced. So why have the country’s startups failed to make their mark globally?  --------------------------------------------------------------- TRENDING NEWS [Tesla to build Indian EV factory]( In June 2023, Elon Musk met with Indian Prime Minister Narendra Modi, expressing his desire to invest in India “as soon as humanly possible.” [Nvidia co-invests $200m in Indonesian AI center amid SEA push]( The US chipmaker is also pursuing projects in Singapore, Malaysia, and Vietnam, following record revenues on the back of generative AI demand. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Southeast Asia tech ecosystem report]( All you need to know about Southeast Asia's startup scene in five minutes. --------------------------------------------------------------- TECH IN ASIA REGIONAL FOUNDERS MEETUP: SINGAPORE Tickets selling fast – chope yours before it’s gone! Much like its namesake, Founders Meetup is brimming with perks for founders. From riveting discussions on funding to exclusive face time with top VCs, there’s a lot in store. But don’t just take our word for it - join us on April 24 for an enriching experience that will connect you with fellow founders, startup leaders, and investors from across the region. [Get your ticket now!]( ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](. - [Saigon Summit 2024 : Charting Vietnam’s Tech Future on May 30]( We’re bringing the big guns to Saigon Summit. From VNLife CEO Niraan De Silva to Geniebook co-founder and CEO Neo Zhizhong and Ascend Vietnam Ventures co-founder and general partner Binh Tran, the stage is set for some serious insights. Get your ticket now to experience Vietnam’s tech revolution with thought leaders from VNG, Sendo, Xendit, Social Bella, and more. 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[Get tickets](  - [Tech in Asia’s Founders Meetup in Singapore on April 24]( We have a lot in store for you this April at Founders Meetup. Uncover Glasswall’s impact on fundraising and seize exclusive face time with renowned VCs from Antler, MSW Ventures, and Square Peg to discuss funding prospects during our all-new VC office hour. [Only a handful of tickets left, so hurry!]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [NLP/ AI Engineer]( at AiChat Jakarta, Indonesia - [Junior Officer IT System Administrator (Administrasi Medika (AdMedika))]( at Dealls Jakarta, Indonesia - [Customer Service Agent]( at Deliveree Indonesia Jakarta, Indonesia - [Business Support Lead]( at KoinWorks Jakarta, Indonesia - [Product Growth Analyst]( at Scout.inc Jakarta, Indonesia - [Data Administration]( at Staffinc (Sampingan) Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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