As an entrepreneur, getting substantial funding for your idea is one of the most important steps to your entrepreneurial success. It is not just about a good idea or passion. It also involves being able to convince someone else to believe in your idea enough to fund it. There are 5 things that lenders look […]
The Board of Investment announced in March 2021 a three-year corporate income tax exemption for 50% of the investment capital (excluding cost of land and working capital) invested in implementing the following digital technologies: Software, programs or information technology used to be internally integrated or externally connected, or both, with at least three functions of […]
Thailand is offering tax incentives for investments into local startups in 14 industries. We list the eligibility criteria, targeted industries, and tax benefits available.
In March 2022, the Thai cabinet approved income tax exemptions for investments in Thai startups whether directly or indirectly through individuals, companies, or corporate venture capital (CVC). The startup must operate in one of the 14 government-promoted industries. According to the Global Startup Ecosystem Index 2021, Thailand ranked 50th out of 100 countries in the world for […]
Lilt, a provider of AI-powered business translation software, today announced that it raised $55 million in a Series C round led by Four Rivers, joined by new investors Sorenson Capital, CLEAR Ventures and Wipro Ventures. The company says that it plans to use the capital to expand its R&D efforts as well as its customer […]
Southeast Asia Exponential Ventures (SeaX Ventures) on Monday announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia. The fund will invest in companies working on truly transformational opportunities in sectors including blockchain and web3, food tech, biotech and life science, artificial intelligence, robotics, and IoT & […]
ORZON Ventures announces investments in 5 startups to support entrepreneurs in Mobility and Lifestyle sectors.
Today, ORZON Ventures is pleased to announce its investments in 5 fast-growing startups in Thailand and the region: ‘Pomelo’, ‘Carsome’, ‘Freshket’, ‘GoWabi’ and ‘Protomate’. Besides providing new retail experiences, ORZON Ventures believes that these startups’ missions are in line with OR’s business direction, aiming to bridge opportunity gaps and achieve inclusive growth.
In our previous article, we discussed the various types of startup funding that new companies can apply for. When reading the news, we often come across articles of certain companies obtaining Series A funding, or perhaps seed funding. Have you ever wondered what these letters meant? In this article, we will dive further into the […]
A startup starts with one idea, but it also includes a lot of other factors such as time, effort, perseverance, and of course – funding. If you ask anyone what the term “Startup Funding” means, they would probably tell you that it refers to investments from investors. Perhaps others may liken the process to the […]