Thailand: Kasikornbank unit KVision sets aside $245m to fund startups

Thailand: Kasikornbank unit KVision sets aside $245m to fund startups

KASIKORN Vision (KVision), an investment holding company of KASIKORNBANK (KBank), has set aside a budget of $245 million to invest in tech startups in ASEAN, China, Japan and Korea that can help the bank expand regionally.

KVision chairman Pattarapong Kanhasuwan told DEALSTREETASIA that about $190 million of the total budget will be directly invested by KVision and the remaining $55 million will be routed through Beacon, the corporate venture capital arm of KBank.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter