Thailand

Building Connections and Capabilities Before You Land in the Thai Market [Tech Insight Series x TDPK Talk Panel Recap]

On February 23rd, True Digital Park and TechNode Global co-presented the TDPK TALK Special EP x TNG Tech Insights Series: Building Connections and Capabilities Before You Land in the Thai Market session. 

Thailand’s PRIMO receives Pre-Series A funding from Fuchsia VC and Beacon VC

Primo World Company Limited (PRIMO) has received Pre-Series A funding from Fuchsia Venture Capital Company Limited (Fuchsia VC) and Beacon Venture Capital Company Limited (Beacon VC). SOSV, the world’s top-five venture capital (VC), and Infinity Technologies VC, who contributed to the Pre-Seed round, also took part in this round of funding.

Thai SaaS platform Manatal bags $5.1M funding from Sequoia India’s Surge and others

Manatal has closed $5.1 million in seed funding from Sequoia India’s Surge alongside angel investors. The fresh funds will be channeled into engineering as the startup looks to enhance their product offering and artificial intelligence (AI)-recommendation engine in the following months.

Thailand sets guidelines on the usage of digital assets as payment

The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and Ministry of Finance (MOF) in Thailand have jointly reviewed the benefits and risks of digital assets, and deem it necessary to regulate the usage of digital assets as a means of payment for goods and services, to avert potential impacts on the country's financial stability and…

Thai proptech startup PropertyScout raises total funding to $2.5M in oversubscribed pre-Series A round

PropertyScout, has reached $2.5 million in total funding after successfully closing its Pre-Series A round. Hustle Fund led the round, while a number of well-known prop tech investors, included industry veterans such as Simon Baker, Marc Stilke, Brian Ma, as well as AngelCentral also joined the round.

Singaporean fintech GEKO acquires EV bike-maker SWAG, plans pre-Series A round in early 2022

Following the acquisition, the combined SWAG and GEKO group plan to hold a pre-Series A funding round, with a combined entity value of $25 million in early 2022.

Thai proptech firm Lazudi raises $2M funding from Swedish venture capital firm PropTech Farm

Lazudi has raised $2 million investment from PropTech Farm. The cash injection provides the firm with the capital it needs to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth following the easing of travel restrictions.

Thailand’s WHA Group invests in Thai logistics startup Giztix’s $7.75M Series B funding round

WHA Group has joined Bualuang Ventures to become the main investor in the Series B funding round of GIZTIX, a Thai startup that provides a digital platform for e-Logistics, with total funding of more than $7.75 million. GIZTIX plans to use the funds to develop services and technologies in transportation and to expand the service areas while reducing…

Singapore’s Doctor Anywhere acquires Thailand’s largest telemedicine platform Doctor Raksa

The acquisition will also support Doctor Anywhere’s growth trajectory and enhance the group’s regional strategy of enabling borderless healthcare.