webfact Posted July 23, 2022 Share Posted July 23, 2022 By Enquistock Total Access Communication Plc (DTAC) and True Corporation Plc (TRUE) came out to announce that they were going to set up a US$ 200 million of start-up fund that would invest in helping Thailand achieve more successful startups. “We (Telenor & CP Group) would like to announce that we will set up a venture capital of up to US$ 200 million or 7.3 billion Baht to help build the confidence in the ecosystem,” Sigve Brekke, the global CEO of Telenor said in Bangkok. This US$ 200 million is just the start and it could reach as high as US$ 1 billion as other businesses and investors may join the VC funding, Supachai Chearavanont, the CEO of TRUE added. Full story: https://www.thaienquirer.com/42022/dtac-true-announce-7-3-billion-baht-vc-fund-to-help-spur-more-startups-in-thailand/ -- © Copyright Thai Enquirer 2022-07-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more! Link to comment Share on other sites More sharing options...
roquefort Posted July 23, 2022 Share Posted July 23, 2022 Good initiative. Let's hope the money is invested wisely. Link to comment Share on other sites More sharing options...
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