SCB 10X

SCB 10X is the corporate venture capital arm of Siam Commercial Bank, established in 2020 and headquartered in Bangkok, Thailand. The organization focuses on creating long-term value by investing in exponential technologies and supporting passionate entrepreneurs. SCB 10X aims to empower underserved markets and foster successful partnerships. The firm has deployed capital globally, targeting sectors such as financial services, information technology, artificial intelligence, blockchain, software as a service (SaaS), big data, insurance technology, virtual reality, and robotics. Its investment activities primarily span the United States, China, Israel, and Southeast Asia, positioning SCB 10X at the forefront of technological advancement.

Putikarn Aurat

Managing Director

Pornvut Kovanthanakul

Associate

Net Chanakarn Muangmangkhang

Investor

Kaweepol Panpheng

Principal

Saranporn Phantumano

Principal

Varit Ruangsiri

Venture Builder

Pailin (Pie) Vichakul

Partner

Vorawan Wangpanitkul

Principal

Mukaya (Tai) Panich

Chief Venture and Investment Officer

Rujipol V.

Principal

Krissadee (Louis) Tulyaanukij

Associate

Past deals in Thailand

MyCloudFulfillment

Series B in 2021
Operator of an order management platform intended to manage the product flow. The company's platform effectively flows online orders and updates stocks to marketplaces through its application programming interfaces, enabling businesses to store, pack, and ship their products.

Sunday

Series B in 2021
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.

Sunday

Series B in 2021
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.

Flash Express

Series E in 2021
Flash Express Co., Ltd. is a logistics and transportation company based in Bangkok, Thailand, established in 2017. It specializes in door-to-door freight pickup and delivery services, utilizing in-house developed technology and big data to enhance efficiency and standardize operations. The company offers a range of services designed to support e-commerce, including Flash Logistics for large item deliveries, Flash Fulfillment for goods storage, Flash Home for parcel delivery, and Flash Money for financial services. Additionally, Flash Express provides a mobile application, Flash APP, allowing users to track and manage their shipments effectively. Through its integrated approach, the company aims to deliver fast, transparent, and cost-effective solutions for its clients.

Vonder

Seed Round in 2020
Vonder (Thailand) Co. Ltd. is a company that specializes in microlearning solutions and human resource development platforms. Founded in 2017 and headquartered in Bangkok, Thailand, Vonder focuses on transforming educational content into gamified lessons to enhance student engagement, particularly in underprivileged schools. The company collaborates with corporations to co-create microlearning content for various training needs, including tax, sales, and regulatory compliance. Additionally, Vonder provides a chatbot feature that assists employees by answering their questions and includes a gamified survey tool for HR departments to gather employee feedback. By leveraging a cloud-based learning management system, Vonder aims to deliver effective online training and support talent development in both corporate and educational contexts.

MyCloudFulfillment

Series A in 2020
Operator of an order management platform intended to manage the product flow. The company's platform effectively flows online orders and updates stocks to marketplaces through its application programming interfaces, enabling businesses to store, pack, and ship their products.

Sunday

Series A in 2020
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.

Omise

Series C in 2020
Omise Co., Ltd. operates an online payment platform designed for both web and mobile applications, enabling users to easily transfer funds, process refunds, and store customer payment information for future transactions. Founded in 2013 and based in Bangkok, Thailand, Omise aims to simplify the online payment experience, particularly in markets like Thailand, Japan, and Singapore, where traditional payment processing can be cumbersome. The platform provides a range of processing solutions that facilitate seamless payment acceptance for businesses, including credit and debit card transactions and bill payments through various banking methods. Omise also offers APIs for developers to integrate payment functionality into their applications. The company prioritizes security and has achieved compliance with PCI-DSS standards, ensuring that transactions meet the requirements of major payment networks. By addressing the challenges of online payment processing, Omise seeks to create a reliable and user-friendly solution for both merchants and consumers.

OneStockHome

Seed Round in 2017
OneStockHome is a Thailand-based B2B e-commerce platform founded in 2009 that simplifies the sourcing of building materials by consolidating various products into a single online location. The platform caters to factories by reducing the time and costs associated with distributing information to consumers, while also assisting contractors by streamlining their procurement processes. By providing access to a wide range of materials, including construction steel, roof tiles, PVC pipes, and landscape products, OneStockHome enables contractors to make quicker and more informed decisions for their construction projects. This efficiency ultimately helps project owners save costs by mitigating reliance on unreliable information sources.

Seekster

Seed Round in 2017
Seekster Co., Ltd. operates an on-demand service marketplace based in Bangkok, Thailand, established in 2015. The platform connects households and businesses with qualified professionals for a range of services, including cleaning, maintenance, and repair. Users can access services such as air conditioning repair, tutoring, tailoring, plumbing, and various types of cleaning through the application. By facilitating a digital connection between service seekers and local laborers, Seekster streamlines the process of finding and hiring technicians or maids, allowing clients to save time and resources. The company is recognized as a leading property service platform in Thailand, catering to diverse cleaning and maintenance needs.
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