InVent

InVent is a corporate venture capital initiative managed by the Intouch Group, focused on investing in high-growth companies that align with its business interests. Established as a pioneering investor in Thailand's tech startup ecosystem, InVent allocates an annual fund of approximately $7 million. The firm primarily targets investments in sectors such as mobile telecommunications, IT, cloud computing, internet applications, and digital media, aiming to foster products and services that enhance the group's competitiveness and improve customer experience. By concentrating on innovative solutions, InVent seeks to create value for both its portfolio companies and the broader business objectives of the Intouch Group.

Pongwut Ittipoonsawat

Associate

Past deals in Thailand

Igloo

Series A in 2020
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

Wongnai

Series B in 2016
Wongnai is a Thailand-based restaurant review platform that operates both a website and a mobile application, similar to Yelp in the United States. The name "Wongnai" translates to "insider" in Thai, reflecting its focus on providing insider knowledge about dining options. Users can search for restaurants by location or category, accessing information, user reviews, and photos from a vast database of over 100,000 establishments across Thailand. In addition to restaurant reviews, Wongnai also features customer feedback on salons and detailed menus, enriching the user experience. The application is available on multiple smartphone platforms, including iOS and Android, making it accessible to a wide audience.

Golfdigg co.,ltd.

Series A in 2015
Golfdigg Co., Ltd. is a leading online golf booking platform based in Bangkok, Thailand, founded in 2014. The company specializes in providing a mobile application that facilitates golf bookings and offers various deals related to golfing experiences. With access to over 100 golf courses and a range of leisure activities across Thailand, Golfdigg aims to enhance the experience of golfers by simplifying the booking process and promoting local golf venues.

Ookbee

Series A in 2012
Ookbee Co., Ltd., established in 2010 and headquartered in Bangkok, Thailand, is a digital publishing company that operates a platform enabling users to create, share, and monetize a wide range of content, including novels, e-books, audiobooks, digital newspapers, and video courses. Its ecosystem encompasses various genres such as art, business, education, entertainment, and more, catering to diverse global audiences. Ookbee also facilitates payment gateways and provides a bookstore with a vast selection of free and paid content. The company operates as a subsidiary of IT WORKS Ltd. and is the largest storytelling ecosystem in Thailand, with popular platforms like Joylada, Tunwalai, and Ookbee.
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