Kbank arm Beacon VC plans to increase capital pool by $50-100m

Beacon VC Managing Director Thanapong Na Ranong

Beacon VC, the corporate venture capital arm of Thailand’s Kasikornbank (Kbank), plans to raise $50-100 million more from its parent bank for tech investments, according to a top executive of the firm.

Beacon VC looks to deploy its current pool of capital by this year, said Managing Director Thanapong Na Ranong.

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