Investment | Startup Thailand

Investment

  • Investment Opportunities In The Post Covid-19

    The first six months of Covid-19 pandemic has very much impacted to Thai startups, especially the pre-Series A and Series A startups in the sectors of travel and events owing to the shutdown in tourism and exhibitions.

  • After Merger, T-Mobile Lays Off Hundreds Of Sprint Employees

    In a conference call on Monday lasting under six minutes, T-Mobile  vice president James Kirby told hundreds of Sprint  employees that their services were no longer needed. He declined to answer his employees’ questions, citing the “personal” nature of employee feedback, and ended the call.

  • Why Tech Investors In China Are Primed For Lower Returns

    At some point within the next year or so, three Chinese consumer tech giants could go public. One is Ant Financial, the payments arm of Alibaba, which was last valued at about $150bn. Shares in ByteDance are trading in the grey market at a level that implies a valuation of about $100bn, $25bn higher than the last private fundraising for the owner of TikTok and other platforms. And then there is WeBank, a digital bank backed by Tencent, its own management, and a group of government-approved Shenzhen firms. 

  • Budget Airline AirAsia Is Getting Into The VC Game After It Unveiled A Venture Capital Fund That Aims To Invest In Startups Across The World.

    The airline announced Redbeat Capital, a $60 million fund that it says will operate independently and seek deals with startups worldwide in areas such as travel, lifestyle, fintech and logistics. The big selling point to prospective companies is the opportunity to tap into AirAsia’s business in Southeast Asia, which claims to cater to 90 million flyers each year.

  • RebateMango Acquires DeeDee Cashback In Thailand

    RebateMango.com, the online cashback and loyalty platform, announced the signing of an agreement on the acquisition of large local competitor DeeDee Cashback.  The deal will catapult RebateMango to the top of cashback and loyalty sites in Thailand, having launched in Thailand less than a year ago.

  • FINNOMENA And Krungsri Finnovate Become Thailand’s Number One Robo-Advisory Platform

    FINNOMENA, a leading wealth management Fintech and the most valuable startup in dtac accelerate batch 4, has collaborated with Krungsri Finnovate, one of FINNOMENA’s VCs and a subsidiary of Bank of Ayudhya, to develop crowdsourcing robo-advisory platform. The developed platform employs big data to process recommendations from investment gurus and users of the FINNOMENA and translate them to investment advices for Krungsri Security’s customers and other interested parties.

  • Beacon VC Leads Seed Funding For A Leading Thai Rental Properties Management Platform Horganice

    Beacon Venture Capital (Beacon VC), the corporate venture capital arm of Kasikornbank Plc. Announced its investment into a seed financing round of Horganice, a leading rental properties management platform in Thailand. The funding will enable Horganice to accelerate customer acquisition as well as adding new services to digitize rental properties, propelling Thailand into a digital era.