By Chalida Ekvitthayavechnukul
This marks the fourth direct deal of Krungsri Finnovate, following its investments in Omise, Finnomena and Baania.
Zen Corporation, a holding company that operates restaurants and food services, has mobilised $31.35 million via an initial public offering.
The startup will deploy around 20 per cent of the proceeds to support its expansion to Indonesia.
The round was joined by Dunamu & Partners, an investment arm of Korean fintech company Dunamu, and SeaX, a VC fund that invests in early-stage deep tech companies.
Six Senses currently manages 16 hotels and resorts, with 18 management contracts signed in its pipeline, and over 50 more deals under active discussion.
Jitta, founded in January 2014, uses Big Data to analyze business financials and automate portfolio management.
The finance ministry holds a 25.9 per cent stake in TMB, followed by ING which owns 25 per cent.
According to local media reports, the investors have acquired a 25 per cent stake in the startup.
Investing in global funds could help it source investments beyond Southeast Asia, such as in Europe, Israel or the US.
Launched in 2017, Krungsri Finnovate was set up with a corpus of $30 million, which should be entirely deployed by the end of 2019.