Thailand's Siri Ventures to invest $19.5m in startups in year's second half

Thailand's Siri Ventures to invest $19.5m in startups in year's second half

Residential and commercial buildings are reflected in the Stock Exchange of Thailand (SET) building, left, in Bangkok, Thailand, on Friday, June 22, 2018. Photographer: Brent Lewin/Bloomberg

Siri Ventures, the joint venture capital arm of listed Thai property developer Sansiri Pcl and Siam Commercial Bank (SCB), is expecting to deploy $19.5 million (600 million baht) in startups in the second half of 2019. The venture had originally set aside the corpus for the whole of 2019.

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