Corporate investors expand startup funding network in Thailand
Major banking institutions and industrial conglomerates in Thailand are operating specialised corporate venture investment vehicles.
Editorial team Replicable · · Source: e27
Major Thai business groups and banking institutions operate prominent investment arms for startups. Entities such as SCBX, Kasikornbank, Bank of Ayudhya and Bangkok Bank have established dedicated venture units including SCB 10X, Beacon Venture Capital, Krungsri Finnovate and Bualuang Ventures. Additional investment vehicles connected to telecommunications, retail, energy and industrial sectors further expand this funding network.