Thailand's Sansiri invests $80m in six global startups including Standard International, Monocle, JustCo

Thailand's Sansiri invests $80m in six global startups including Standard International, Monocle, JustCo

Thai listed property developer Sansiri Pcl today announced an investment of $80 million across six global technology and lifestyle companies as part of a bid to expand beyond real estate development and into the global market.

Of this, Sansiri will invest about $58 million in US-based boutique hotel chain Standard International and its mobile booking application, One Night. The Thai firm will hold a 35 per cent stake in the hospitality firm.  

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