Accelerators & Incubators
Policy & Regulation
Thai Fintech Firm SYNQA Raises $80m in Series C Round
Omise has been providing thousands of merchants across Asia with the necessary tools to run their online businesses, accept payments and connect them with millions of customers across the globe since 2013.
Thailand Approves Draft Bill to Tax Foreign Internet Firms
The Thai bill requires non-resident companies or platforms that earn more than $57,434.59 per year from providing digital services in the country to pay a 7% VAT on sales.
Thai Property Tech Startup Zmyhome Raises Pre-Series A from BonAngels
Even amidst the pandemic, Zmyhome said it continues to see traffic increase 30 per cent every month as users spent more time online.
Central Retail to Take Full Control of Local JV with Japan’s FamilyMart
Following the completion of the deal, Central Retail will take full control of the nearly 1,000 FamilyMart outlets in Thailand.
Thailand's Digio Raises US$4M in Series B Funding Round from Beacon VC, Others
Digio was established in 2012 to provide provides turnkey payment solutions, including credit/debit card processing and e-wallets for financial institutions
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.
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