Startups | Startup Thailand - Part 2

Startups

  • InVent by INTOUCH invests 40 million baht in Ecartstudio

    InVent, the venture-capital arm of Intouch Holdings Plc has invested Bt40 million in a Series B financing round for Ecartstudio, one of Thailand’s leading enterprise location-based application developers and consultants. Ecartstudio’s latest development is a Smart-City Platform for Business to Business (B2B) and Business to Consumer (B2C) interactions, to support the smart-city concept and promote a more convenient lifetstyle, with users enjoying ‘time well spent’. The funding will be used to expand Ecartstudio’s business and support the development of products and services that are expected to make it the leader in smart-city platforms in Thailand within three to five years.

  • dtac accelerate batch 7 helps Thai startups become unicorns

    dtac accelerate introduces the batch 7 with a new program, A Academy, for startups that receive Series A round of funding by venture capital and corporate venture capital firms between US$1 - 15 million. The program helps create opportunities for Thai startups, that are struck with Series A bottleneck, to grow by getting closer to the funding sources in Asia and worldwide.

  • NIA targets Thai unicorns in 5 years

    The National Innovation Agency (NIA) is overhauling its support programme for startups to accelerate their progress, facilitating access to 44 billion baht in funding from various sources and targeting 1-2 unicorns in five years. According to Pun-Arj Chairatana, executive director of the NIA, the strategy aims to build 3,000 innovation-based enterprises in the next 10 years. […]

  • “Sunday” raises $10 million fund to do fully-integrated Insure Tech Sunday, an insureTech startup, have succeeded in raising $US 10 million funding from Series A from world-class investors — Vertex Ventures SEA and India.

    Sunday, an insureTech startup company of Thailand, has applied Artificial Intelligence (AI) and Machine Learning to offer innovative insurance services with integrated sales and service platforms. The company would analyze risk information and calculate insurance premiums in real time making its services more accurate than other insurance companies. Sunday also assesses individual risks as to provide insurance plans that are suitable for each customer.

  • 153 students qualified the first round “Internship” programme

    Staged by National Innovation Agency Public Organisation (NIA) and startups in Thailand, the Internship programme opens for students of universities and vocational education nationwide to get job training with startup companies. This year, 153 people out of total 667 participants qualified for the Interview Day

  • LINE TV aims to be TV for all Thais

    Line TV has outlined a three-year vision to become an online TV platform reaching all massive TV viewers nationwide by 2021 with a target of over  100% ad spending revenue per year.

  • The Secret To Recruiting Success

    All companies, and particularly those in IT, face the challenge of finding talent for growth in an ever-tightening labor market. Smaller, newer players like Luminar, a six-year-old manufacturer of LiDAR-based sensors for vehicles, have to woo the best of the best away from brand-name behemoths. “We’re competing for people who could go to the Googles […]

  • Beacon VC leads funding for Jitta wealthtech startup

    Beacon Venture Capital is leading a funding round of over 200 million baht for Jitta, a “wealthtech” startup, marking the biggest pre-Series A round for a Thai startup preparing to enter the global market. Beacon VC, a corporate venture capital arm of Kasikornbank (KBank), aims to make Jitta the first Thai unicorn — a startup […]