During Q1 2015, there were 436 investments for a total amount of US $9.4 Billion in Asia-Pacific. For Q1 2015, some of the findings include: E-Commerce & Marketplace captured 53% of the investments in value. Out of the 11 biggest funds launched, 4 have been set-up by a corporation. 9 out of the 10...
Category: News
3 new ways to finance your company in Thailand
Public Financing – Thailand SEC to Allow Foreign Firms to list on SET Thailand’s securities and exchange commission said on Thursday April 9th 2015 that it will allow foreign firms to launch initial public offerings (IPOs) in the country and list on the Stock Exchange of Thailand, effective immediately. This is a growing trend...
Infinity Levels Studios Raises 500k
Infinity Levels Studios (formerly known as Avalable) Raises 500k in a convertible bond. The funds will be used to improve animal racing game Ranch Run, which will be launched worldwide next year. Thailand-based gaming studio Infinity Levels Studio has raised US$500,000 from InVent, the venture arm of Thai firm Intouch Holdings PCL. Ranch...
Thai SME VC Fund
A venture-capital fund worth 25 billion Baht (roughly USD$ 757M) will be set up to invest in SMEs with high potential in Thailand. The cabinet has already approved establishment of the SME fund and the first 500 million baht likely will be injected into it in February. Finance Minister Sommai Phasee said: The fund...
New BOI Policy for Investment 2015
A presentation on the BOI criteria for the next 8 years was recently released on their website. Here is a quick summary of changes/details: The big winner is “knowledge based activities, with a focus on R&D and Design” – I suspect we shall see many applicants in this category Zones have been done away...
BOI approves “Seven-Year Investment Strategy” Special investment incentives offered for SMEs
BOI approves “Seven-Year Investment Strategy” Special investment incentives offered for SMEs The Board of Investment (BOI) has approved its “Seven-Year Investment Strategy” (2015-2021), with a focus on promoting investments that create value for Thailand and those that have a positive impact on society and the environment. Measures were also approved to upgrade Thai SMEs’...
5 Myths on Operating a Business in an Emerging Country
The developing countries, like Thailand, Vietnam, Pakistan, and Burma are still rising, but that does not make them the potential markets for many types of business. These developing countries are providing many online and offline businesses opportunity to emerge and grow. Though, there are many mistruths about operating businesses in those countries. Here are...
65M +250 for GrabTaxi
UPDATE Dec 4. In a deal that blows the previous deal out of the water, GrabTaxi raised another $250,000,000 Series D round, just one month after the previous round of funding. The time between fundraising rounds is almost unprecedented, which makes me believe the previous round was reported some time after the ink was...
What Digital Nomads can Learn from the Immigration Raid at PunSpace
Digital Nomads took to the interwebs two days ago to “live-blog” their experiences at a Chiang Mai co-working space. Immigration officials, along with police and military personnel, raided PunSpace catching a lot of these digital nomads working on their internet businesses. The laws in Thailand are often fuzzy and while no one at PunSpace went to...
Ardent Raises Large Funding Round to Expand into Indonesia
Ardent Capital, the venture capital firm that aims to develop and unite Southeast Asia’s fragmented ecommerce market, announced it closed a US$12.7 million investment led by Sinarmas, a major Indonesian conglomerate. Adrian Vanzyl the CEO of Ardent told us that the Ardent team will use the funding to: …Open an Indonesian office, and hire...