Thai Digest: Panya Studios, GoWabi snag funding

Thai startups – live trivia game show app Panya Studios and beauty services booking platform GoWabi – have raised funds.

Panya Studios closes $730k from 500 Startups, others

Bangakok-based live trivia game show app Panya Studios has raised a $703,000 seed round from 500 TukTuks, 500 Startups Vietnam, BigBets, Antler, Investigate, and other angel investors from Southeast Asia, according to Tech In Asia.

The capital will be used to double down on tech development and build a platform for content creators to create their own interactive game shows. Panya Studios claims to achieve 1.2 million views weekly.

The startup said it is planning to launch in Malaysia, Taiwan, Singapore, Vietnam, Indonesia and the Philippines. It is also said to be looking to raise a Series A round.

GoWabi bags undiclosed Series A

Another Bangkok-based firm, spa and beauty booking platform GoWabi said it has raised an undisclosed Series A round from 500 TukTuks, Thai telco company dtac and Danish angel investor Kasper Kragelund.

500 TukTuks is an existing investor, who participated in the startup’s undisclosed seed round in August 2017. The proceeds will be used to expand market and merchant reach, to launch more categories and to expand into new markets.

Launched in 2016, GoWabi was founded by ex-Rocket Internet and Ensogo entrepreneurs Samir Cherro and Vadim Eremeev. Prior to the seed round, GoWabi was backed by Lorenzo Peracchione and Adrien Barthel, the founders and angels from Sephora Digital, as well as angel investor Neeraj Jhaji.

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