18 May 2023
Bangkok (18 May 2023) - Mr. Sam Tanskul, Managing Director of Krungsri Finnovate Co., Ltd. received an honorable award, Best Venture Capital Firm for Startups Thailand 2023 from World Business Outlook leading magazine providing comprehensive coverage of the financial industry and international business. The award proves Krungsri Finnovate’s commitment to being a fully strategic investor, supporting Fintech as well as other banking-related tech startups in Thailand and other countries in Southeast Asia, to help them achieve their goals.
Over the past five years, Krungsri Finnovate has made 20 investments in startups in Thailand and other Southeast Asia countries, including 18 direct investments and two fund-of-funds investments. The Company has promoted collaboration among Krungsri’s business units and 70 startups, resulting in over 120 successful project completions. Also, the Company initiated to launch a private equity fund for institutional and ultra-high net worth Investors. Recently Krungsri Finnovate has joined hands with a partner, in establishing an incubator program to enhance the potential of Thai startups ecosystem under the project name ‘Krungsri UPcelerator’.
Krungsri Finnovate won Best Venture Capital Firm for Startups Thailand 2023