Thailand's Krungsri Finnovate to invest $15.6m in four startups by year-end

Thailand's Krungsri Finnovate to invest $15.6m in four startups by year-end

Image from Krungsri Finnovate

Thailand’s Krungsri Finnovate, the venture capital arm of Krungsri (Bank of Ayudhya), will be deploying 500 million baht ($15.6 million) across four startups in the remaining months of 2018.

Its managing director Sam Tanskul declined to identify the startups but said that they could be local and international startups, and not necessarily from its own accelerator programme, Krungsri Rise.

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