Thai corporate VCs ramp up venture building in innovation push

Bangkok, Thailand. Photo: Pixabay

Thai conglomerates, which have actively invested in regional and global startups through their corporate venture arms, are ramping up their venture-building programmes to stay on top of the innovation game. 

Thai industrial groups such as financial services major SCBX, energy sector player PTT and Siam Cement Group (SCG) have been incubating startup ideas internally and are now looking at growing these businesses.

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