Founded in 2018, 24 Solution Group is a company focused on transforming the maintenance service and home solutions industry in Southeast Asia and beyond. It offers a comprehensive, end-to-end platform for property care, handling tasks such as cleaning and repairing washing machines and air conditioners, as well as electrical, plumbing, and painting services. Unlike traditional platforms that simply match clients with service providers, 24 FIX manages the entire process, ensuring high standards of quality and efficiency through a dedicated team. With a workforce of nearly 200 individuals and a network of over 500 active fixer teams and material vendors, the company aims to deliver innovative solutions that enhance living and working environments. Its mission emphasizes continuous improvement and reliability, positioning itself as a trusted expert in property maintenance.
Ascend Money
Venture Round in 2024
Ascend Money is a fintech startup company that delivers e-payment and micro-lending products.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Finnomena
Series B in 2023
Finnomena is a digital wealth management platform that caters to both investors and financial advisers. Founded by a management team with extensive experience in global financial institutions, the company leverages proprietary machine learning technology and a hybrid robo-advisory model to enhance investment performance and user experience. Finnomena offers a fully integrated platform that includes professionally generated investment content through its investor knowledge hub, which attracts over 15 million monthly views and has a substantial social media following. Additionally, the platform provides a fund supermart service and an investment and portfolio management application that helps users define their financial goals, manage their portfolios, and receive tailored investment recommendations based on their risk preferences.
Founded in 2018, 24 Solution Group is a company focused on transforming the maintenance service and home solutions industry in Southeast Asia and beyond. It offers a comprehensive, end-to-end platform for property care, handling tasks such as cleaning and repairing washing machines and air conditioners, as well as electrical, plumbing, and painting services. Unlike traditional platforms that simply match clients with service providers, 24 FIX manages the entire process, ensuring high standards of quality and efficiency through a dedicated team. With a workforce of nearly 200 individuals and a network of over 500 active fixer teams and material vendors, the company aims to deliver innovative solutions that enhance living and working environments. Its mission emphasizes continuous improvement and reliability, positioning itself as a trusted expert in property maintenance.
Choco CRM
Series C in 2022
Choco Card Enterprise Co., Ltd. operates a digital customer relationship management platform that specializes in providing tools for marketing and customer engagement. Founded in 2014 and headquartered in Bangkok, Thailand, the company offers services including coupon management, mobile application development, and backend management to assist brands in maintaining a customer database. Through its loyalty programs, Choco Card aims to enhance brand loyalty and drive sales for small and medium-sized businesses by delivering personalized rewards and promotions. The platform is recognized as a leading solution in Thailand for both customer relationship management and point-of-sale systems.
ADDX is a company founded in 2017 that aims to democratize private capital markets by leveraging blockchain and smart contract technology. It operates a digital securities exchange regulated by the Monetary Authority of Singapore, offering a platform for the issuance, settlement, custody, and secondary trading of digital securities. By automating traditional processes, ADDX enables the fractionalization of investments, significantly reducing minimum ticket sizes from $1 million to $20,000. This approach allows a broader range of accredited individual investors to access investment opportunities across various asset classes, including pre-IPO equity, hedge funds, private equity funds, and wholesale bonds. ADDX's innovative model streamlines the trading process, enhancing security and accessibility in capital markets for both investors and issuers.
FWX is a decentralized derivatives platform where users trade against the protocol, while the protocol fully hedges the risk of all positions using liquidity in its pools. FWX has two primary services: lending and borrowing pools and derivatives trading. Unlike the traditional order-book-based double auction matching mechanism, FWX acts as a counterparty to all futures traders and applies a unique hedging algorithm to eliminate the risk using the liquidity in its single-token lending pools. Every futures trade submitted to the platform creates organic borrowing demand in the pools. This solves the problem currently faced by lending platforms in which there are many lenders but significantly fewer borrowers. The higher the trading volume, the higher the yield. With the daily trading volume of 500kUSD, FWX can generate organic yield of at least 20% for a 5mUSD pool.
ADDX is a company founded in 2017 that aims to democratize private capital markets by leveraging blockchain and smart contract technology. It operates a digital securities exchange regulated by the Monetary Authority of Singapore, offering a platform for the issuance, settlement, custody, and secondary trading of digital securities. By automating traditional processes, ADDX enables the fractionalization of investments, significantly reducing minimum ticket sizes from $1 million to $20,000. This approach allows a broader range of accredited individual investors to access investment opportunities across various asset classes, including pre-IPO equity, hedge funds, private equity funds, and wholesale bonds. ADDX's innovative model streamlines the trading process, enhancing security and accessibility in capital markets for both investors and issuers.
Zipmex is a company that develops a digital asset exchange platform aimed at facilitating secure cryptocurrency investments for both retail and institutional investors. Founded in August 2018 by Akalarp Yimwilai and Marcus Lim in Singapore, the platform allows users to access a diverse range of investment opportunities, including asset-backed digital assets such as gold and real estate, as well as established cryptocurrencies with significant wealth generation potential. Zipmex prioritizes security, employing institutional custody for digital assets insured up to US$100 million. The company is currently licensed to operate in Thailand and Australia, with plans to expand its licensing to Indonesia and Singapore. The platform offers advanced trading features and charting tools, ensuring that users worldwide have the necessary support and resources to navigate the cryptocurrency market effectively.
PEAK is a prominent online accounting software provider in Thailand, catering primarily to small and medium-sized enterprises (SMEs). The company manages nearly 100,000 transactions valued at over 2 billion baht each month, significantly streamlining accounting processes for its users. By reducing paperwork and automating accounting tasks, PEAK enhances productivity and efficiency, allowing businesses to focus on growth. Additionally, the platform improves access to financial resources, increasing the likelihood of securing loans for expansion. Supported by True Incube and backed by investments from True, GSB, and SET, PEAK has garnered several awards for its innovative solutions, positioning itself as a key player in developing the infrastructure needed for a data-driven economy in Thailand.
Zipmex is a company that develops a digital asset exchange platform aimed at facilitating secure cryptocurrency investments for both retail and institutional investors. Founded in August 2018 by Akalarp Yimwilai and Marcus Lim in Singapore, the platform allows users to access a diverse range of investment opportunities, including asset-backed digital assets such as gold and real estate, as well as established cryptocurrencies with significant wealth generation potential. Zipmex prioritizes security, employing institutional custody for digital assets insured up to US$100 million. The company is currently licensed to operate in Thailand and Australia, with plans to expand its licensing to Indonesia and Singapore. The platform offers advanced trading features and charting tools, ensuring that users worldwide have the necessary support and resources to navigate the cryptocurrency market effectively.
Builk Asia Co., Ltd. is a Bangkok-based company that specializes in providing construction project management software solutions. Founded in 2009, Builk offers tools such as CostControl, which enables users to manage project budgets and create essential construction documents like RFQs, POs, and invoices in a cloud environment. This software also allows project managers to access real-time reports on project summaries, costs, and income. Additionally, Builk's SiteWalk feature facilitates instant communication and issue resolution among project teams, enabling collaboration with both internal and external stakeholders. By integrating these functionalities, Builk streamlines the construction process, allowing companies to enhance efficiency and maintain better financial oversight.
WISESIGHT
Series B in 2021
Wisesight utilizes social media data for analytics, synthesizing, and unlocking the potential of Raw Data to make it become Valuable Data. utilize Social Data for analyzing, synthesizing, and unlocking the potential of Raw Data in order to make it become Valuable Data which can make benefits for more than 200 brands and agencies in every industry by more than 200 developers, researchers, operator,s and supporters in Bangkok. Our services are cover Thai, English, Burmese and Malay languages, processing the data via Social Media for more than 20 million messages a day.
Flash Express
Series E in 2021
Flash Express, established in 2017 and based in Bangkok, Thailand, specializes in door-to-door freight pickup and delivery services. Leveraging in-house developed technology and big data, the company digitizes and standardizes its delivery process, enhancing operational efficiency and offering competitive pricing. Beyond its core service, Flash Express also provides a suite of integrated e-commerce solutions, including large item delivery (Flash Logistics), goods storage (Flash Fulfillment), parcel delivery agent service (Flash Home), and financial services (Flash Money), all under the Flash Group umbrella.
Choco CRM
Series B in 2021
Choco Card Enterprise Co., Ltd. operates a digital customer relationship management platform that specializes in providing tools for marketing and customer engagement. Founded in 2014 and headquartered in Bangkok, Thailand, the company offers services including coupon management, mobile application development, and backend management to assist brands in maintaining a customer database. Through its loyalty programs, Choco Card aims to enhance brand loyalty and drive sales for small and medium-sized businesses by delivering personalized rewards and promotions. The platform is recognized as a leading solution in Thailand for both customer relationship management and point-of-sale systems.
AppMan is a prominent technology provider specializing in the life insurance sector, primarily serving leading insurers in Thailand and the broader Asian market. The company focuses on enhancing the insurance sales experience through its innovative platform, which includes AgentMate, an electronic Point of Sale solution designed to streamline the insurance sales process. AgentMate features a modular design, allowing insurers to customize their offerings by selecting specific modules that align with their digital transformation goals. AppMan is dedicated to optimizing work processes and delivering digital services that meet the unique needs of its clients, ensuring they can achieve their full potential while effectively managing financial health and planning for sustainable growth.
Flash Express
Series D in 2020
Flash Express, established in 2017 and based in Bangkok, Thailand, specializes in door-to-door freight pickup and delivery services. Leveraging in-house developed technology and big data, the company digitizes and standardizes its delivery process, enhancing operational efficiency and offering competitive pricing. Beyond its core service, Flash Express also provides a suite of integrated e-commerce solutions, including large item delivery (Flash Logistics), goods storage (Flash Fulfillment), parcel delivery agent service (Flash Home), and financial services (Flash Money), all under the Flash Group umbrella.
Ricult
Funding Round in 2020
Ricult Inc. is a social enterprise that operates an online marketplace aimed at connecting farmers with input suppliers and crop buyers. Founded in 2015 by MIT alumni, the company is headquartered in Boston, Massachusetts, and currently serves markets in Thailand and Pakistan. Ricult's integrated digital platform addresses the comprehensive needs of smallholder farmers in developing countries by utilizing advanced technologies such as satellite imagery, geographic information systems, and predictive analytics. The platform enables farmers to procure essential inputs like crops and fertilizers based on creditworthiness assessments, which are derived from credit scoring algorithms and psychometric tools. Additionally, Ricult provides farmers with data-driven insights on optimal farming practices, including irrigation and harvesting schedules, while also facilitating access to affordable loans and market pricing information. This approach empowers farmers to enhance productivity and improve their financial stability.
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.
Finnomena
Series B in 2020
Finnomena is a digital wealth management platform that caters to both investors and financial advisers. Founded by a management team with extensive experience in global financial institutions, the company leverages proprietary machine learning technology and a hybrid robo-advisory model to enhance investment performance and user experience. Finnomena offers a fully integrated platform that includes professionally generated investment content through its investor knowledge hub, which attracts over 15 million monthly views and has a substantial social media following. Additionally, the platform provides a fund supermart service and an investment and portfolio management application that helps users define their financial goals, manage their portfolios, and receive tailored investment recommendations based on their risk preferences.
Baania is Thailand's leading online marketplace and data platform specializing in residential properties. Founded in 2016 and headquartered in Chiang Mai, with additional offices in Bangkok and Nakhon Ratchasima, Baania aims to empower consumers by providing essential information and insights for buying, selling, renting, and financing homes. The platform connects buyers, sellers, developers, realtors, banks, and other professionals in the real estate sector, streamlining the often complex processes involved in property transactions. Baania boasts a robust database of over one million homes and features innovative tools, such as the Bestimate, Thailand's first online automated valuation service, which offers users comprehensive and up-to-date insights on property values. By leveraging extensive data analytics, Baania enables customers to make informed decisions, compare properties, and assess historical pricing trends.
Choco CRM
Series A in 2019
Choco Card Enterprise Co., Ltd. operates a digital customer relationship management platform that specializes in providing tools for marketing and customer engagement. Founded in 2014 and headquartered in Bangkok, Thailand, the company offers services including coupon management, mobile application development, and backend management to assist brands in maintaining a customer database. Through its loyalty programs, Choco Card aims to enhance brand loyalty and drive sales for small and medium-sized businesses by delivering personalized rewards and promotions. The platform is recognized as a leading solution in Thailand for both customer relationship management and point-of-sale systems.
Silot is a developer of intelligent banking software that focuses on transforming financial institutions in Southeast Asia through advanced artificial intelligence and knowledge graph technology. The company's solutions aim to enhance the operational efficiency of banks by integrating various functional silos, such as payments, onboarding, merchant management, and anti-fraud measures. By leveraging AI and blockchain, Silot empowers banks to improve their decision-making capabilities and facilitate seamless access to information. This innovative approach seeks to usher in a new era of intelligent banking, enabling institutions to operate more effectively and respond dynamically to the evolving financial landscape.
Baania is Thailand's leading online marketplace and data platform specializing in residential properties. Founded in 2016 and headquartered in Chiang Mai, with additional offices in Bangkok and Nakhon Ratchasima, Baania aims to empower consumers by providing essential information and insights for buying, selling, renting, and financing homes. The platform connects buyers, sellers, developers, realtors, banks, and other professionals in the real estate sector, streamlining the often complex processes involved in property transactions. Baania boasts a robust database of over one million homes and features innovative tools, such as the Bestimate, Thailand's first online automated valuation service, which offers users comprehensive and up-to-date insights on property values. By leveraging extensive data analytics, Baania enables customers to make informed decisions, compare properties, and assess historical pricing trends.
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.
Finnomena
Series A in 2017
Finnomena is a digital wealth management platform that caters to both investors and financial advisers. Founded by a management team with extensive experience in global financial institutions, the company leverages proprietary machine learning technology and a hybrid robo-advisory model to enhance investment performance and user experience. Finnomena offers a fully integrated platform that includes professionally generated investment content through its investor knowledge hub, which attracts over 15 million monthly views and has a substantial social media following. Additionally, the platform provides a fund supermart service and an investment and portfolio management application that helps users define their financial goals, manage their portfolios, and receive tailored investment recommendations based on their risk preferences.