Accelerators & Incubators
Policy & Regulation
Thailand-based RISE raises $8 million in seed funding
RISE said it will use the funds to expand beyond Thailand to Singapore, Indonesia and Malaysia.
Thailand B2B e-learning platform ProSpark raises funds in Agaeti-led round
The company has plans to expand into new markets in Southeast Asia in the future.
Thai Life seeks bank pitches for $700m IPO plan
Thai Life Insurance Pcl has requested pitches from banks for an initial public offering that could raise as much as $700 million on the stock exchange of Southeast Asia.
Indorama Ventures Secures Thailand’s First Sustainability-Linked Ninja Loan
The loan proceeds will be primarily used for refinancing and will not increase the overall debt.
by Indorama Ventures
Thai edtech startup Quest raises seed funding from Reapra, others
It plans to use the new funds for its real-time coding talent platform that offers a full-stack automated teaching curriculum backed by blockchain.
Singapore’s clean energy firm Sunseap raises $72m from Thailand’s Banpu Group
The firm has now raised a total of S$203 million ($145.9 million) in Series D financing.
Thailand’s 'crowdfunding bonds' startup PeerPower raises pre-Series A funding from InVent, BOL
The fintech startup claims it is the first in Thailand to issue Crowdfunding Bonds, approved by the Securities and Exchange Commission Thailand (SEC).
Thai travel tech platform Tourkrub raises $5m in Series B
The funds raised will be used to provide services for Southeast Asia’s outbound tourists, among others.
Japanese insurer Tokio Marine merges Thai unit with IAG’s Safety Insurance
Tokio Marine Insurance Thailand Pcl, the Thai subsidiary of Japan’s oldest insurance group Tokio Marine, has merged with Safety Insurance Pcl, to create a new entity – Tokio Marine Safety Insurance Thailand (TMSTH).
Thailand’s Constant Energy raises $15m as loan from GCPF
Following the long-term debt, the company will grow its pipeline of solar energy projects for industrial clients in Thailand and Southeast Asia.
Co-living solutions startup HostelHunting rebrands into LiveIn.com; to expand into Indonesia, Philippines
The startup, which has so far raised over US$4.5M from the likes of KK Fund and Jungle Ventures, is already operational in Malaysia and Thailand.
Pomelo accelerates growth by acquiring fashion e-commerce platform Looksi
Formerly known as Zalora Thailand, Looksi will have its platform and social media presence being merged into Pomelo ecosystem.
Singapore’s GIC, Capital Research investing in Thailand’s Central Retail IPO
The IPO, first announced in July, comes after Thailand took the top IPO ranking in Southeast Asia in 2019 with $4 billion in fundraisings.
Thai fashion platform Pomelo appoints former H&M executive as Chief Retail Officer
Pomelo pulls in experience from Swedish multinational clothing-retail company H&M for retail expansion.
Indies Capital invests $15m in Thai ecommerce enabler aCommerce
Founded in June 2013, aCommerce helps brands such as Samsung, L’Oreal, and Unilever sell their products online across Southeast Asia by providing services from webstore design, distribution, and marketing to warehousing and delivery.
Tencent premieres WeTV in Thailand
WeTV will curate content that is relevant to the Thai audience.
Lightnet closes US$31.2M in new funding round led by six conglomerates
The fintech company aims to target unbanked migrant workers who rely on costly substitutes such as SWIFT in major Southeast Asian markets.
Paul Ark is departing from SCB's fintech investment arm Digital Ventures
He will take a sabbatical before thinking about the next phase of his work life, he announced in a Facebook post.
FINNOMENA brings total funding to US$13.5M after a round by Openspace Ventures, Gobi Partners
Thailand's digital wealth management platform, secures US$10 million in a Series B funding round.
Thai tycoons-led CP Group, Central said to vie for Tesco’s $7b Asia business
The Thailand and Malaysian operations of Britain’s largest supermarket chain Tesco Plc. are on the shopping lists of Thai tycoons.
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