Thailand is the second largest economy in Southeast Asia. With its central location in Indochina, Thailand is a gateway to the growing economies of its neighbours and export trade partners in the Mekong region – Cambodia, Laos, Myanmar and Vietnam (CLMV).
It is an attractive market for startups, with the launch of the Thailand 4.0 initiative transforming the country towards a more innovation-driven economy. The funding scene is rapidly growing – the ecosystem raised US$105.6 million (S$143.3 million) in 2017, up from US$3 million (S$4 million) in 2011 and 2012.
The top five funded sectors are e-commerce, e-logistics, fintech, payment solutions and F&B services. Singapore-based startups can use Bangkok an entry point to plug into the Thai tech ecosystem and connect with business opportunities.
Contact Tony Yeoh (email@example.com) to connect with our GIA partners in Thailand.