FINNOVENTURE PRIVATE EQUITY TRUST I
Krungsri Finnovate launches the first startup private equity trust fund in Thailand. It is set up to provide an investment opportunity for ultra-high net worth investors and institutional investors who are interested in investing in startups but do not have expertise in working with startups, while the fund would have Krungsri Finnovate that has experience and expertise in startup investments as the Trust Manager.
Moreover, institutional investors investing in this fund will have a privilege to create partnership with participating startups in this fund, leading to opportunities to co-develop innovative products and services.
Fund size
THB 3,000 million
Fund term
10 years with up to two one-year extensions
Investor type
- Ultra high net worth investor
- Institutional investor, corporate
Investment stage
From Series A onwards
Investment geography
Thailand Indonesia Philippines Singapore Vietnam
Investment theme
- Strategic
- Financial
- Futuristic
Initial public offering
December 16-22, 2021
Fund details
1. Fintech
- Blockchain / Decentralized Technology
- Insurance Technology
- Buy Now Pay Later
- Lending
- E-payment
- Crowdfunding
- Supply-chain Financing
2. E-commerce
- E-Commerce Enabler
- Logistic and Fulfillment
- Social Listening
- KOL and MarTech
- Customer Data Platform
- Online Marketplace
3. Automotive
- EV Car
- Autonomous Vehicle
- Auto-part
- Telematics
- Fleet Management System
- Auto-Financing
- Drone