Thailand
Thailand’s Kuvera leads $3m round for domestic IT start-up
Thai investment firm Kuvera Capital has led a $3 million round of funding for Bangkok-based IT services provider D8.
IFC proposes $150m investment in Thai bank
The International Finance Corporation (IFC), the private investment arm of the World Bank, plans to invest up to $150 million in Thai lender TMB Bank.
Fund focus: TukTuks answers call for Thai exposure
Domestic high net worth individuals and corporates are the major contributors as 500 Startups closes its debut Thailand venture capital fund above target at $15.4 million
500 Startups closes Thailand fund at $15.4m
500 Startups has reached a final close of $15.4 million on its Thailand-focused early-stage fund. It had originally targeted $10 million.
Tencent forms alliance with Thailand's VC-backed Ookbee
Chinese internet giant Tencent Holdings has teamed up with Thailand-based Ookbee, a VC-backed digital magazine platform, to pursue growth opportunities in Southeast Asia’s online media space.
AVCJ Awards 2016: Exit of the Year - Mid Cap: Golden Foods Siam
Golden Foods Siam was struggling when Navis Capital Partners took it over, but the GP’s willingness to give management the needed tools helped generate a 3.4x return
Thailand's Charoen Pokphand buys Bellisio from US GP
Thai agro-industrial giant Charoen Pokphand Foods (CPF) has acquired frozen meals specialist Bellisio from US private equity firm Centre Partners for $1.1 billion.
Tech & government: Living laboratories
As governments of Southeast Asia’s emerging economies look to create more workable VC policy environments, start-ups and investors have proliferated across a patchwork of imperfect systems
Jungle leads $11m Series A for Thailand's Pomelo
Jungle Ventures has led an $11 million Series A round of funding for Thailand-based online fashion retailer Pomelo.
US fintech raises $5m for Philippines, Southeast Asia push
Quona Capital has led a $5 million Series A round of funding for US-based financial technology start-up Coins. It will support an expansion in Southeast Asia with an emphasis on the Philippines.
Thai strategic buys stake in PE-backed US restaurant chain Red Lobster
Thailand-based seafood supplier Thai Union Group has invested $575 million in Red Lobster, a US-based seafood restaurant chain majority-owned by Golden Gate Private Equity.
Morgan Stanley invests $46m in Thailand diaper maker DSG
Morgan Stanley Private Equity Asia (MSPEA) has invested THB1.6 billion ($45.6 million) in DSG International Thailand, a maker of baby and adult diapers.
Thailand e-commerce platform secures Series B
German internet conglomerate Hubert Burda Media (HBM) has acquired a $24.9% stake in Thailand e-commerce company Priceza from Japan's CyberAgent Ventures as part of a Series B funding round.
Sequoia, Venturra, SIG lead $8m Series A for Thailand's Zilingo
Sequoia Capital India, Venturra Capital and Susquehanna International Group (SIG) have led an $8 million Series A round for Thailand-based online fashion retailer Zilingo.
Southeast Asia’s HappyFresh gets Series B
HappyFresh, a Southeast Asian online grocery delivery platform, has raised a Series B funding round led by Dubai-based private equity firm Samena Capital.
Siam Commercial Bank unveils fintech strategy
Thailand's Siam Commercial Bank (SCB) has formally announced a financial technology investment strategy aimed at improving customer experience while encouraging domestic start-ups to keep up with changes in the global market.
SBI leads $17.5m investment in Thailand’s Omise
Japan’s SBI Investment has led a $17.5 million Series B funding round for Thailand-based online payment services provider Omise.
500 Startups raises $8.3m for enlarged Thai fund
US-based 500 Startups has received $8.3 million in LP commitments for its Thailand-focused early-stage fund 500 TukTuks after expanding its targeted scope on the back of increased investor interest.
Southeast Asia’s aCommerce raises further $10m
Southeast Asia-focused e-commerce solutions provider aCommerce has raised $10 million in new funding ahead of a planned Series B round. The latest commitment is led by MDI Ventures, a corporate VC fund run by Indonesian mobile operator Telkom.
ASEAN integration: Gathering momentum
Continued economic integration with Southeast Asia could open the way for transformative investment opportunities, but private equity players must believe in the region’s potential before they take the plunge.
Q&A: Shaw Kwei & Partners' Kyle Shaw
Kyle Shaw, managing director of Shaw Kwei & Partners, discusses the value to be found in taking traditional yet complex industrial businesses and switching them to a high-end track.
Wavemaker takes over Ardent's SE Asia venture portfolio
US venture capital firm Wavemaker Partners has taken over the venture portfolio of Thailand-based Ardent Capital.
Deal focus: Wongnai eyes expansion, then Thailand IPO
InVent's commitment to Wongnai represents the first-ever Series B round for a Thai start-up from a local VC firm. The company wants to use its dominant position in online restaurant reviews to enter other verticals
Thailand VC: Tough nut to crack
As Thailand’s government signals its intention to embrace venture capital, the harder but less visible work of transforming a traditionally risk-averse culture grinds on