Chiang Mai, Thailand recently made the list of 25 Cities You Should Visit in Your Lifetime. Thailand’s second largest city has been a regular stop on tourist and backpacker itineraries for a while now, and it has also become a prime retirement destination for Americans, Brits, and Japanese alike. The city offers a little...
Category: News
Singapore's National Research Foundation Selects 6 Venture Funds for $120 Million Early Stage Investments
The National Research Foundation (NRF) of the Prime Minister’s Office of Singapore has announced six venture capital funds to take part in the second round of its Early Stage Venture Fund (ESVF) program. The NRF will contribute S$10 million to each of the 6 funds on a matching basis for a total of S$120...
CyberAgent Ventures, Inc. Establishes New Office in Thailand
Sawasdee CyberAgent Ventures… The collective attitude of entrepreneurs and businesses in Thailand is positive and welcoming, as the Venture Capitalists establish a new office in Bangkok and bring much needed experience, expertise and capital to the Kingdom of Thailand. There are currently many promising startups coming about, and it is exciting to see investors...
Page365 Facebook e-Commerce Assistant gets Seed Funding from Galaxy Ventures
A Thailand-based Facebook e-commerce solution called Page365 has secured an undisclosed amount of seed funding from Galaxy Ventures. The software produced by Page365 allows anyone selling on Facebook to process orders, communicate with customers through inquiries and analyze customer data with a single dashboard. Some benefits of this social e-commerce solution are: Quick management of...
Oozou Brings Innovative Ruby on Rails Development to Bangkok
When you walk into Oozou offices in the center of Bangkok, you are at a main intersection of the city, on Sukhimvit road, directly across from Terminal 21. However, once stepping inside (after exchanging your ID for a visitor pass), you feel like you are in Silicon Valley—Ruby on Rails developers hacking away at...
Thailand Game Operator Receives Venture Funding
Ini3, a Thailand based company with a hand in the game development market, has closed a round of funding with SoftBank Ventures Korea Corp. Ini3 owns some leading game development companies with a number of titles, both online and mobile. Founded in 2004, Ini3 has 140 employees and is the lead investor in Galaxy...
VenueHub Looking for New Partners in Asia
VenueHub is an online venue booking service that started in Hong Kong and has now moved into Thailand as well. Entrepreneurs looking for a new opportunity might consider partnering with VenueHub as they expand into new countries. VenueHub started in 2013 in Hong Kong and expanded to Thailand later the same year. They currently...
Thailand's Top Bitcoin Exchange Gets Green Light to Resume Operation
After a six-month hiatus, Bitcoin.co.th has resumed operation after getting the go-ahead from the Bank of Thailand. Back in August of 2013, the national bank ruled that Bitcoin was an illegal, non-currency. And Thailand’s largest online Bitcoin exchange was pressured to halt business. However, the bank has now softened on their position as reported...
Reebonz of Singapore Gets $40 Million Investment Led by MediaCorp
The Singapore-based online shopping site for luxury goods, Reebonz, recently obtained an investment of US$40 million led by MediaCorp, Singapore’s biggest broadcaster. This now reportedly brings the total value of Reebonz to just under US$200 million. Founded in 2009, Reebonz offers high quality luxury goods at steep discounts, which has attracted about 2 million...