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BREAKING NEWS

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About 80 results
Source: Thailand Startup News  Dec 12, 2019
Thai startup entrepreneurs' confidence has continued to fall, dipping to 51.85 for the third quarter because of lack of funding sources, the faltering economy, cautious consumer spending and intensified competition from international players, according to a Government Savings Bank (GSB) survey.   Even expectations for the next three months remained low despite the high season for touris...
Source: Thailand Startup News  Dec 09, 2019
A Startup that allows customers to rent designer apparel in Indonesia and Singapore has announced the closing of its Series B round.  Style Theory closes US$15 million in Series B funding led by SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group, with participation from Alpha JWC Ventures and The Paradise Group. Both SoftBank Ventures Asia and Alpha JWC...
Source: Thailand Startup News  Dec 05, 2019
AngelList, a Silicon Valley-based an online platform that startups can use to raise capital and recruit people, has launched its venture and angel fund product in India that will allow individuals to raise small blind pools of capital and deploy them in 6-12 months. The funding platform will manage the legal and regulatory aspects of raising capital and investing it, while the byte-sized funds ...
Source: Thailand Startup News  Dec 03, 2019
DiMuto, a Singapore-based supply chain platform  has raised an undisclosed amount of investment from government-owned venture firm SGInnovate to help drive its expansion into new overseas markets. With its Track and Trace platform, DiMuto provides end-to-end supply chain visibility for global businesses. It leverages blockchain, internet of things, and AI to help digitize the agrifood...
Source: Thailand Startup News  Nov 29, 2019
Thai Startup Infofed, an e-sports startup and owner of Thailand E-Sports Arena, has secured an undisclosed amount in pre-Series A round of equity funding from Japanese gaming community GameWith.   Thailand E-Sports Arena provides a one-stop service for game providers, consumer brands, and e-sports communities   The Thai startup will use the proceeds to expand its coverage in So...
Source: Thailand Startup News  Nov 27, 2019
An India-based startup that operates over 17,000 electric and gasoline scooters in three dozen cities in India, has raised about US$150 million as part of an ongoing financing round led by existing investors Eduardo Saverin’s B Capital and Accel Partners India, two sources familiar with the matter told TechCrunch. The Series D financing round , values the startup “well ove...
Source: Thailand Startup News  Nov 26, 2019
Thailand Startup News provides a few more pointers for startups to avoid especially those in Thailand. Asia is the currently the new breeding ground for breakthrough ideas and out of the box innovations assisted by the startup boom. In reality only a few actually make it big enough to compete and outwit existing dominant players. It is a known fact that 9 out of 10 start ups just cannot get past t...
Source: Thailand Startup News  Nov 23, 2019
Startup Unicorn WeWork confirmed on Thursday that it had cut 2,400 jobs in a round of layoffs following its failed IPO attempt. Several sources told Business Insider that layoffs had begun November 11. WeWork met with employees to announce the larger round of layoffs on Thursday at 10 a.m ET, another source familiar with the matter said. A WeWork representative told Thailand Startup N...
Source: Thailand Medical News  Nov 21, 2019
Beverage  tech startup, Fore Coffee which is Indonesia based,  announced a strategic partnership with local hospitality chain Airy to add 1,000 new locations in Indonesia within the next 12 months. At present, the first Fore Coffee store at an Airy location is located in South Jakarta. Fore Coffee will soon open in several more Airy properties spread across 100 cities in Ind...
Source: Thailand Medical News  Nov 15, 2019
Startup online travel giant Traveloka has launched a movie-booking service in Thailand through a partnership with Major Cineplex, a leading film theater operator in the country. The new Movies product, accessible via the Traveloka Xperience platform, will allow users to book and purchase seated tickets for pre-sold and premiered movies. Henry Hendrawan, president of Traveloka group o...
Source: Thailand Startup News  Nov 14, 2019
Workmate (formerly Helpster), a Singapore-based end-to-end staffing platform announced that it closed a Series A funding round of US$5.2 million (RM21.52 million). The series A funding round was led by Atlas Ventures with participation by Gobi Partners and Beacon Venture Capital (Kasikorn Bank), with existing investors also participating in the round. Workmate Team The news funds will be used ...
Source: Thailand Startup News  Nov 10, 2019
Malaysian Startup, KIDDOCARE has become the 39th company to successfully raise funds through equity crowdfunding on pitchIN. The company raised a total of US$131,664 (RM545,026) from 22 investors. Kiddocare was also the third company on pitchIN to get co-investment funds from the Malaysian Co-investment Fund (MyCIF). Startup Kiddocare matches third-party babysitters with parents. All Kiddocarer...
Source: Thailand Startup News  Oct 17, 2019
Startups Beware, A New Trend Emerging. First you get a glitter event with the press media and a MOU signing ceremony followed by the cocktails, congratulations etc and thereafter, you see no monies, take the case of Tranglo Startup saga.   Tranglo confirmed that the Hong Kong-based fintech, TNG Fintech Group Inc had never realised its US$115M in Series A funding to its company. The Malaysian...
Source: Thailand Startup News  Oct 14, 2019
Philippines-based HR and payroll startup Sprout becomes billionaire Steve Cohen’s VC first Southeast Asian investment with US$6M fundraising.   American billionaire Steve Cohen’s early-stage VC, New York based Point72 Ventures, has invested a US$6 million into Sprout, a payroll and human resources platform from Manila, Philippines. The Series A round of funding ma...
Source: Thailand Startup News  Oct 10, 2019
Thailand-based peer to peer car-sharing platform Drivemate, has secured US$2.2 million in a Series A round led by Netsol Technologies Inc, a Nasdaq-listed IT and enterprise software solutions provider in the US. Other investors including Isuzu, UNT Group, and Colopl Next also participated in the round, which brings Drivemate’s total funding to US$2.8 million. Silratth Sukwatthanasiri,CEO a...
Editorial By Sanit Tanakul  Sep 30, 2019
Though I am a firm believer of technology and startups and generally do not consider myself a racist bigot as all my best friends are foreigners and my partner is a foreigner as well, of late as a common middle class Thai, I was wondering if the government agencies, private corporations and also the common Thai people are waking up and seeing what is really going on. We tend to embrace with open ...
Source: Thailand Startup News  Sep 24, 2019
Singapore-based grocery delivery startup is now in more financial problems as well as legal problems as it has come to light that it owes 217 employees a total of almost USD $1 million in unpaid salary. The figure was revealed in an affidavit filed in the Singapore courts last week by Honestbee CEO Ong Lay Ann as part of the startup’s debt moratorium application. The Singaporean Ministry...
Source: Thailand Startup News  Sep 23, 2019
Despite the fact that Thailand’s Startup scene was initiated as early as 2003 with the inauguration of an agency to promote innovations under the Ministry Of Science and Technology then and with the extensive promotion of startups starting about  8 years ago in 2011, the amount of local Thai startups that have entered the stage A funding stage is so few and countable. The emergence of a...
Source: Thailand Startup News  Sep 22, 2019
ACE Singapore or The Action Community For Entrepreneurship, a Singaporean private-led organisation seeking to drive entrepreneurship and innovation in Singapore, has entered into a collaboration with True Digital Park (TPDK), an innovation ecosystem for both Thai and international startups  to officially launch the new True Digital Park–ACE Singapore Centre. The launch marked the market...
Source: Thailand Startup News  Sep 21, 2019
SlingApp, a job-hunting startup based in Malaysia, owned by Beneflex Sdn Bhd, has unveiled a new feature called Talent Search that allows recruiters to search and contact active job seekers who qualify for job positions that they are seeking to be filled. SlingApp co-founders (from left) CEO Teh Tian Ji with Lucas Wong The initial  fee to use the Talent Search feature starts at about US$3 ...
Source: Thailand Startup News  Sep 20, 2019
Singapore startup, Carro, a wholesale automotive marketplace has invested US$30 million in Malaysia based car bidding platform myTukar. This strategic investment, will enable Carro’s technology to  power myTukar to “digitally enable the traditional used car dealerships across Malaysia and boost inter-city car sales”. Carro will focus on helping conventional car dealerships c...
Source: Thailand Startup News  Sep 19, 2019
Lunchbox is a new AI based startup that is primarily to assists business professionals search and locate new connections inside specific industries. The startup has recently secured a US$4 million seed funding round led by Andreessen Horowitz with other investors including  Quora’s co-founder, the Robinhood cofounders, and Flexport’s cofounders. The startup app follows in ...
Source: Thailand Startup News  Sep 18, 2019
-investors questioning valuations -corporate governance questioned -business model under scrutiny   WeWork, postponed its initial public offering after investors questioned how much the company is worth and raised concerns about its corporate governance. Its roadshows for the week were cancelled and reports are emerging everywhere as to questions about the company’s credibility in all...
Source: Thailand Startup News  Sep 17, 2019
When an entrepreneur has startup idea that he or she plans to implement, that idea is the most valuable thing that he or she will have at the start, a thought-out strategy for its implementation is a must that takes into account how to reliably protect that idea. In order to implement the project, one will have to share information. This is not relevant when one has enough technical knowledge a...
Source: Thailand Startup News  Sep 16, 2019
Over the last few years , we have seen a lot of activities, mentions and events focusing on startups in Thailand by both the  government sector and also the private sector but none has impressed us the most in terms of their approach, professionalism, honesty and credibility as the Techsauce Team in Thailand. Besides their consultancy services and other commercial platforms, their annual &nbs...
Source: Thailand Startup News  Sep 15, 2019
Infosys Limited , an Indian multinational corporation that provides business consulting, information technology and outsourcing services with its headquarters in Bengaluru, India has unveiled its newly set up Innovation and Tech Centre in Arizona, US. The newly opened centre will focus on autonomous technologies, Internet of Things (IOT), full-stack engineering, data science ,cyber security, artif...
Source: Thailand Startup News  Sep 14, 2019
Supermarket ecommerce startup, Swiftly  raised  US $15.6 million in a seed round to help grocery stores and other retailers up their technology offerings to keep up with Amazon and Walmart. The funding  round was led by investors including  Novel Private Equity; Mendacre; Ron Burkle, founder and managing partner of The Yucaipa Companies; Sam McBride, former COO of RXBAR; The Wa...
Source: Thailand Startup News  Sep 13, 2019
Indian Logistics Startup, Delhivery secured a US$115 million investment from the Canada Pension Plan Investment Board (CPPIB).   Carlye and Softbank are the two main backers of Delhivery which is currently valued at over US$ 1.6 billion. In March of 2019, Delhivery got US$ 400 million in its Series F funding round led by Softbank, CArlye and Chinese conglomerate Fosun, making it another Ind...
Source: Thailand Startup News  Sep 12, 2019
Although it’s a joyful occasion for Pomelo to have finally got into this stage, we are not sure if the rest of the startup industry in Thailand should be optimistic or  even rejoice considering that compared to any other South East Asian country, despite we having the most number of government agencies that have been promoting innovations and startups, having the highest government spen...
Source: Thailand Medical News  Sep 11, 2019
New was circulating today and news agencies were busy with news breaking out that a huge number of employees had been laid off from multiple divisions and also that many of its offices were being closed in secondary cities including Surabaya and Medan, two major economic hubs. Bukalapak Iffices In Surabaya Closed As of press time, no senior executives of Bukalapak could be contacted but laid of...
Source: Thailand Startup News  Sep 10, 2019
As Agriculture  accounts for 16 per cent of Vietnam’s GDP, while labourers in the sector account for 42 per cent of the total workforce, the Vietnamese government had the foresight  a few years back to spend more in terms of high-tech farming productions and also getting the local IT and the Tech industry to get more involved in the development of agritech startups.   As a r...
Thailand Startup News  Sep 09, 2019
Zoom Video Communications which is a US company based in San Jose, had its video conferencing and also  other conferencing software and apps blocked in China since Monday morning, joining a list of inaccessible internet services in the country. Zoom provides remote conferencing services using cloud computing and offers communications software that combines video conferencing, online meetin...
Source: Thailand Startup News  Sep 08, 2019
Considering India’s vast population, its literacy rate and fast growing middle-class markets and also booming economy, Alibaba Group has finally decided to enter the India market in an aggressive manner .   Alibaba plans  to launch its first fully owned e-commerce business this fiscal in India through its subsidiary, startup  UCWeb, a senior company official commented . &nbs...
Source: Thailand Business News  Sep 07, 2019
Thai owned US based medical device startup Nirvamed, founded by Dr Pramote Hochareon, has secured a US$4.5 million in a series A2 funding lead by Siriraj Foundation (The financial foundation that is overseen by the Faculty Of Medicine of Siriraj Hospital), Bangkok Dusit Medical Services (BDMS Group), PTT Global Chemical, Samart Corporation, Double-A, Ahead Advisory and several individual investors...
Source: Thailand Startup News  Sep 06, 2019
Terramera  Vancouver-based agritech startup  has raised a US$45 million in a series B funding round, led by Ospraie Ag Science and Seed2GrowthVentures.   The new funds from the investment will be used to scale Terramera’s Actigate  technology, which was designed to improve the performance of active ingredients used in crop protection products.   Founded i...
Source: Thailand Startup News  Sep 05, 2019
Startup Kaola, the crossborder retail platform of NetEase is reportedly to be acquired by Alibaba to the tune of US$2.1 billion.  After weeks of rumours speculating in the market, the deal is to be closed shortly before the end of the month. Thailand Startup News was not able to get details nor comments from the spokespersons of Alibaba and NetEase. NetEasewas founded in 1997 by William Din...
Source: Thailand Startup News  Sep 04, 2019
The office coworking company, WeWork valued at US$47 billion, announced its plans for IPO and already made necessary fillings to the US SEC, starting the countdown to one of the most highly anticipated and potentially scrutinized market debuts of 2019.Many investment experts are however not sure that the results of the IPO would go as planned. WeWork's parent company The We C...
Source: Thailand Startup News  Sep 03, 2019
The Zao app developed by a division of Momo, one of China’s most popular and successful dating apps, creates videos that replace the faces of celebrities in scenes from popular movies, shows and music videos with a selfie uploaded by the user. The app uses high tech platforms and even AI to create superb videos. Some have termed the term deepfake technology to describe the tech that could re...
Source: Thailand Startup News  Sep 02, 2019
Although technology has brought major changes in almost all sectors of businesses and industries, the traditional hotel business has not changed much. In many modern properties, travellers still use the sign on the door to express the staff that they need privacy. As such Mews, a British-based startup Mews wants to bring a change and revolutionize how hotel functions are performed. Mew's Ric...
Source: Thailand Startup News  Sep 01, 2019
New Zealand startup, Road Guru provide services on its platform Driver Guides. These Driver Guides are exactly what you imagine them to be: A driver who knows the terrain and spots in the country so well that they are able to guide you on a full-on vacation. Co-Founded by Mitchell McLaughlin and Caleb Helm, the duo explained that when it comes to providing a better holiday experience, the appro...
Source: Thailand Startup news  Aug 30, 2019
Section A : Need To  Raise? When considering about financing your company for growth, there are multiple options that a founder or company owner should consider. Let’s begin  by reviewing if raising capital from investors is right move for you. The following questions need to be considered carefully.   What type of company do you want to set up and build? What type of com...
Source: Thailand Startup News  Aug 29, 2019
The Thailand Customs Department has taken an active role of utilizing Blockchain Technology to improve and modernize shipping in Thailand.  It becomes the second government agency in the region, to use blockchain-based global trade platform to improve the speed, accuracy and security of container shipping and also customs clearances and tax payments on imports.   The adoption of the ne...
Source: Thailand Startup News  Aug 26, 2019
Sudheer Koneru had spent years  working  at Microsoft and SumTotal Systems and was planning a retirement in mid 2008. As he travelled and participated in various yoga programmes and also wellness workshops, he was suddenly roped back into work as one of the companies that he had invested in that ran a chain of spas, health clubs and saloons in India, underwent a management change. W...
Source: Thailand Startup News  Aug 25, 2019
Ai Palette, a foodtech startup based in Singapore has secured a US$1 million seed funding from Decadorn Capital , Singapore government’s  SGInnovate, Silicon Valley-based venture capital firm AgFunder, other individual investors, and existing investor Entrepreneur First.   L to R: Decacorn Capital Analyst Louis Low, Ai Palette CTI, Co-Founder Himanshu Upreti, Decacorn Capital MD, ...
Source: Thailand Startup News  Aug 23, 2019
Christina Teo is  a tech industry veteran who has held corporate roles at companies such as Acer, 3Com, IBM,  O2 and Yahoo! Singapore, where she was the first GM. After 27 years mostly  spent working abroad, Teo recently returned home to Singapore and decided to to put her years of experience to use by founding Startup Asia Women, a support group for women in the startup commun...
Source: Thailand Startup News  Aug 22, 2019
China’s  CareVoice,  health insurtech start-up after raising US$2 million in a series A funding  co-led by Haitao Capital and SOSV, will use the investment to fuel its insurance business lines, accelerate technology development, consolidate its leadership in China’s major cities and expand to Southeast Asia including countries like Thailand, Cambodia, Malaysia end even P...
Source: Thailand Startup News  Aug 21, 2019
SpotQA , a London-based automated software testing startup secured a  US$ 3 million round of seed funding led by Crane Ventures  with participation from Forward Ventures, Downing Ventures and Acequia Capital.   Along with news of its funding, the company also took the opportunity to launch its its flagship product, Virtuoso, which tests web and mobile web apps to identify ...
Source: Thailand Startup News  Aug 20, 2019
Only after securing a US45 million Series B funding in July of this year, RedDoorz has again managed to secure yet another US$ 70 million in its series C funding round held this month. RedDoorz is a South East Asian management and booking platform startup.   RedDoorz CEO Amit Saberwal  The latest series C funding round was led led by Singapore-based growth equity firm Asia Partners, w...
Source: Thailand Startup News  Aug 19, 2019
Popular Singapore-based classifieds app, Carousell posted US$7 million in revenue for the financial year of 2018, an increase from 2017, according to its latest financial reports. However the company’s losses for the year were US$24.96 million, down 16.2% from the year before. The reported losses for 2017 was US$29.8 million.  Despite being valued at over US$ 550 million (note that v...
Source: Thailand Startup News  Aug 18, 2019
Russian based startup, Dostavista , raised a total of  US$ 15 million in a series B funding that was lead by Vostok New Ventures, with participation from existing investors Flashpoint and AddVenture. Dostavista Team Leaders And Founder The “crowdsourced” same-day delivery service was founded in Russia but operates in several countries especially in Asia under the Brand Mr Speed...
Source: Thailand Startup News  Aug 17, 2019
“Are consumers advised or are there warnings that a consumer’s privacy might be compromised or violated when one downloads an app into one’s phone for convenience without little knowing that your movements and behavior details are being monitored and analyzed and stored.”   “Local Startups and Apps Firms should be more proactive to assure consumers of their perso...
Source: Thailand Startup News  Aug 16, 2019
N-Squared eCommerce, a leading Thai ecommerce solutions provider that already operates in four Asean countries plans to further it geographical outreach by expanding into Vietnam and Indonesia before the end of the year. Already operating in Thailand, Singapore, Malaysia and Philippines, the company is already in talks with strategic partners and clients and should have its offices and teams in...
Source: Thailand Startup News  Aug 15, 2019
Valor Siren Ventures (VSC), the new fund that is dedicated to food and retail startups is at the moment deciding between Bangkok and Thailand as a destination to set up its Asia Pacific Office according to inside sources. The company sees huge potential in the Asia Pacific region especially in startups from India, Vietnam, China, and the rest of the Asean countries and wants to be part of the scen...
Source: Thailand Startup News  Aug 14, 2019
Hungry Hub which has been bootstrapping since its inception in 2014, finally secured its first seed funding from Expara Thailand and 500 Startups, to the tune of US$450,000 or about Bt14 million.   Hungry Hub originally started off as a restaurant reservation app by three founders, Surasit Sachdev, Kamolporn Theratanawong and Ravi Sachatep. However in 2016, the three co founders decided to ...
Souce: Thailand Startup News  Aug 13, 2019
QFPay, the largest global partner of WeChat Pay and Alipay, secured a total of US$20 million in its latest round of funding, its Series C , bring the total that it had raised so far to US 36.5 million. In this latest round, QFPAy raised funds from existing investors Sequoia Capital China and Matrix Partners and also from new investors including, Japan’s Rakuten Capital, VentureSouq, a ventur...
Source: Thailand Startup News  Aug 12, 2019
Startups and big corporations often benefit by teaming up with each other and it has to be a symbiotic relationship that mutually benefits both parties. However, these partnerships are not  without their problems. Letting each entity maintain its own identity and independent priorities is difficult, and keeping two very different and yet demanding  partners satisfied and contented i...
Source: Thailand Startup News  Aug 11, 2019
Startup  App from China, Tik Tok is planning to aggressively outpace Youtube and Facebook in terms of gaining a larger market share for online advertising revenue. Tik Tok which is basically a short-form video app is trying to monetize its platforms with the addition of  advertising on its feed.   Almost a year old now, the app has broken the 1 billion downloads benchmark with 78 ...
Source: Thailand Startup News  Aug 10, 2019
Travel Startup which was founded in india in 2006 by Phanindra Sama and initially started off as a platform for booking provincial buses online has announced plans to expand operations in  Thailand, Vietnam and Turkey.   The Indian company which was acquired by South African media giant Naspers through its Indian subsidiary, ibibo Group in 2013 for a sum of US$120 million has since div...
Source: Thailand Startup News  Aug 09, 2019
Seattle based startup, Genneve that is focused on telemedicine service for women undergoing menopause secured a US$4 million seed funding round led by California based BlueRun Ventures.They also received further funding from the same round from Maven Ventures and Startup Health, bring the total seed capital raised to US$ 5.3 million. Genneve will be using the seed funds to expand and grow the p...
Source: Thailand Startup News  Aug 08, 2019
Nike, the sports shoes and apparel company that is worth more than US$ 127 billion, announced the acquisition of a retail predictive analytics and demand sending startup called Celect. Celect is a Boston based AI Startup founded by MIT Academic Professors Vivek Farias and Devavrat Shah in 2013 and  its AI-driven analytics platform gives retailers the ability to better predict and meet inve...
Source: Thailand Startup News  Aug 07, 2019
Chinese Unicorn Startup Ecommerce Platform App, Xiaohongshu  was removed From China android stores and banned since last week and  it is also not available on Apple’s App Store anymore. No news is in sight that the ban might be reversed. Xiaohongshu, the Chinese Unicorn startup that is valued at over US$6 billion and which has more than 200 million users had been removed from al...
Source: Thailand Startup News  Aug 04, 2019
Kbank has announced the launch of project KATALYST  to assist Thai startup firms determined to grow their business in line with KBank’s strategies. The initiative aims for business co-creation via information sharing, provision of consultancy and support by KBank’s various departments and partners which will be conducive for a startup’s business growth.   Ms. Kat...
Source: Thailand Startup News  Aug 03, 2019
Woes at once acclaimed startup Honestbee seems to be never ending. On 22nd of July the company issued a statement that the company was halting its Thai operations on its website. This was followed by more layoffs at its Singapore offices with 38 staff laid off. Then yesterday, the company submitted to the High Court in Singapore to commence a court-supervised restructuring process as it seeks six ...
Source: Thailand Startup News  Aug 02, 2019
DataSparQ,  a British data science startup specializing in various innovative commercial applications using artificial intelligence has developed a first AI Bar in collaboration with the famous bar, 5cc Harrild & Sons , located at Farringdon, London. The application would ensure that customers stay in a “intelligently virtual” queue and  let bartenders know who is ne...
Source: Thailand Startup News  Aug 01, 2019
Elon Musk, listed at the 40th richest person in the world by Forbes and who started off as the founder of Paypal Inc and later Tesla and SpaceX , has now got into another new innovative corridor,   connecting humans' brains directly to computers. He described his vision as a ‘symbiosis with artificial intelligence.’ Neuralink Corporation was initially established by Mu...
Source: Thailand Startup News  Aug 01, 2019
The Energy Ministry is planning to set aside Bt 3 billion baht from out of the total budget that it is seeking for the coming financial year to help promote energy related startups in Thailand. Energy Minister Sontirat Sontijirawong   It will revise the current Power Development Plan for 2018-2037 with the aim of boosting start-up businesses. According to Energy Minister Sontirat Sontijiraw...
Source: Thailand Startup News  Jul 31, 2019
Blockchain, the company that is backed by British Billionaire Richard Branson, Alphabet Venture arm GV and Lakestar has unveiled  a digital currency exchange  that is capable of delivering “lightning-fast” trades. Peter Smith, CEO Blockchain Already reputed as one of the world’s largest cryptocurrency wallet platforms, the new exchange platform will outrival  it...
Source:Thailand Startup News  Jul 30, 2019
Honestbee, the grocery and delivery start-up has announced the appointment of Mr Ong Lay Ann as its new CEO, taking over from interim CEO Brian Koo who assumed the post following the departure of former CEO and co-founder Joel Sng. The appointment was effective as of 15th Of Juy 2019 according to a statement by Honestbee. Mr Ong main priorities is to restructure the company’s capital stru...
Source: Thailand Startup News  Jul 30, 2019
Avalant Company Limited, the only leading software and digital solution provider in Thailand that has received world class CMMI Level 5 accreditation announced the launch of its cloud based ONE WEB Digital Maker Platform.   The ONE WEB’s Digital Maker Platform is a 'Comprehensive Development Experience Platform' that can transform ordinary people's ideas easily to digital ap...
Source: Thailand Startup News  Jul 29, 2019
We are starting a series of articles guiding individuals who want to embark on the startup trend. Many young Thais and even foreigners tend to perceive that its an easy road with guaranteed success when in reality, statistical data show that  in the pre-startup phases, only 12 percent of the entities actually succeed to enter into the next phase and among start-ups that have received initial ...
Source: Thailand Startup News  Jul 28, 2019
It all started at a house party in 2014, when Ankiti Bose talked to neighbor over the idea of developing an ecommerce platform in Bengaluru, India. Ankiti was working as an analysts then at Sequoia India awhile her neighbor, Dhruv Kapoor(now CTO of Zilingo) was a software engineer at a gaming studio. Four months later, both quit their jobs ad with a total savings of US60,000, they started Zilingo,...
Source: Thailand Startup News  Jul 25, 2019
In the Biotech R and D industry, despite so much data that is being churned, there is no proper manner to properly managed all that data to date and the typical laboratory notebook still plays a role despite being in a digitized age. Its little wonder that financiers saw the opportunities and the market potential when a startup entity like Benchling showcased their software product  for ma...
Source: Thailand Startup News  Jul 22, 2019
Despite the current trade wars and the impending  global recession, India is emerging as a forerunner in terms of producing startup unicorns.(unicorns are privately held startups with more than a US$ one billion in terms of valuations.)   Just in the first half of 2019 , India has already produced 8 such entities and 17 were produced in 2018. The numbers are expected to rise based on i...
Source: Thailand Startup News  Jul 21, 2019
China is currently facing a lack of venture capital for its startups and many tech wizkids are simply crying foul. The situation is not simply affecting startups as IPOs, stock performances etc are all down. But startups and accelerators are finding it hard to secure funding as capital is becoming scare in the country. Some are claiming it was a lack of creative innovations that created this as...
Source: Thailand Startup News  Jul 20, 2019
RISE, a Thailand-based accelerator has unveiled  plans to extend to Singapore through an established partnership with Enterprise Singapore, A Singaporean Government Agency.    Rise has procured support under the agency’s Startup SG Accelerator program, which provides mentorship and resources for startups based in Singapore. Rise plans to bring more thai startups to Singapore...
Source: Thailand Startup News  Jul 19, 2019
A New Medical and Healthcare Startup Park Platform is to be launched at the coming Medical Fair Thailand To be Held at The Bitec Exhibition Centre in September 2019. The organizer of the event, Messe Dussedorf Asia is planning to use this opportunity to promote more innovations and newer products to feed the ever growing and fast evolving  healthcare market. The platform will primarily sho...
Source: Thailand Startup News  Jul 17, 2019
Techstars, a US-based seed accelerator with a worldwide network and Hillstone Partners ,a Korean capital consultancy firm unveiled the launch of a program aimed at startups In Korea.   The new entity called Techstars Korea Accelerator in partnership with Hillstone Partners, will  offer three-month mentorship-driven programs and will begin accepting applications in December 2019. &...
Source: Thailand Startup News  Jul 14, 2019
True Digital Park  announces the opening of  its “Work Space”, the workplace and digital innovation development space which incorporates a complete ecosystem for startups and tech entrepreneurs.   The workspace is equipped with full serviced facilities for meetings, workshops, events and lifestyle activities to enhance work life. Work Space is designed to be open and c...
Source: Thailand Startup News  Jul 10, 2019
The National Innovation Agency (NIA) Announced a Five Day event, Startup Thailand, featuring exhibitions and conferences under the theme Startup Nation Bangkok Innovation Corridor. This is the fourth consecutive year for Startup Thailand, an annual event of the NIA. For this year, activities will be spread across nine locations in Bangkok covering the NIA, The Knowledge Exchange, Hangar by DTAC...
Source: Thailand Startup News  Jul 10, 2019
Since its debut, many potential investors have been waiting to get onto the Line Man App Portfolio as its one of the few startups with an expansive potential to grow and develop. Convenience is wanted by nearly everyone, and no service has been able to compare to the level of convenience LINE Man has brought to Thailand. LINE Man is an app that provides 5 main services: food, grocery,...